Regulatory Exams – Setting the Tone and Putting Your Best Foot Forward

best foot forward

The SEC’s 2018 National Exam Priorities[i] clearly lays out five principals guiding the Office of Compliance Inspections and Examinations (OCIE).  Three of those five are centered heavily around technology and the data driven approach to examination efforts.   The Commission’s advances in technology and leveraging of big data collection to target...

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SEC Action Regarding Fixed Income Pricing

fixed income pricing

In May 2018, the Securities and Exchange Commission (“SEC”) brought a case against Premium Point Investments LP (“PPI”) whereby PPI engaged in a fraudulent scheme to inflate the value of fixed income securities (PPI invested in RMBS, Subprime RMBS, and IOs).  Among other violations PPI obtained inflated price quotes on...

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A Dark Desert Communications Highway


Ask people for a line from the Eagles song “Hotel California” and you can expect, “You can check out any time you like, but you can never leave.”  The famed verse comes 4:15 into a 6:30 song (an eternity by today’s standards), it is the last of the lyrics, and...

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