Private Fund Principals Charged with Disclosure Violations, Is Your Auditor Properly Registered with PCAOB?, ESG and DOL Fiduciary Exemption Resources and More: Lessons Learned and Worth Reading for May 2021
By EsqSocial Corporation 19/05/21
SEC Charges Auditor for Failing to Register with the PCAOB. Why is this case important for broker-dealers and investment advisers to read? Because situations like this can result in multiple rule violations such as violation of Section 102(a) of the Sarbanes-Oxley Act of 2002, Rule 2-02 (b)(1) of Regulation S-X, SEA Rule 17a-5, and Rule 206(4)-2 of the Advisers Act. Brokers and advisers can avoid this situation by adopting simple written procedures that require the firm to conduct the initial...
By: Hardin Compliance Consulting LLC