Along with a $1.18 million fine, the judgment permanently enjoins Bluesky Eagle from future violations of the Investment Advisers Act, and permanently enjoins its owners and executive officers from filing Form ADV as an Exempt Reporting Adviser'

The new rule would give certain funds an additional 15 days to file monthly portfolio-related reports, and would reverse the 2024 shift to publication more frequent than quarterly.

The new interpretations address moving an offering between intermediary platforms; issuer eligibility where Exchange Act reporting has ended; how the 12 month crowdfunding offering cap is measured; and other definitions and filings.

A handful of U.S. states pay top advisor salaries despite limited assets, reshaping hiring and growth strategies

New data reveals stark state and role-based pay gaps, with New York setting the national benchmark.

The SEC said the alleged did not invest client funds as represented and instead misappropriated the proceeds, including making $940,000 in Ponzi-like payments and spending nearly $3.2 million on personal expenses.

The SEC said the alleged did not invest client funds as represented and instead misappropriated the proceeds, including making $940,000 in Ponzi-like payments and spending nearly $3.2 million on personal expenses.

The California DFPI restated existing annual filing and financial reporting obligations for California-registered investment advisors, regarding registration, financials and audits.

FINRA will discontinue its current practice of reviewing firms’ draft customer letters that use “negative consent” to effect bulk transfers