The SEC has clamped down on Santos, Postal & Co. (SPC), an accounting firm responsible for conducting SEC-related exams, charging it and one of its partners, Joseph A. Scolaro, a 25-percent SPC owner, with inadequate performance in their conduct of surprise examinations of an investment advisor, SFX Financial Advisory Management Enterprises, whose president allegedly “secretly… Read More >>
SEC’s Head of Examinations to Leave
Andrew “Drew” Bowden, the director of the Office of Compliance Inspections and Examinations (OCIE), will step down by the end of this month and will return to the private sector, according to the SEC. Bowden’s time with the SEC began in November 2011 when he joined the regulator to serve as OCIE’s National Associate for… Read More >>
SEC Names Head of Exams for Los Angeles
The SEC has named Karol L.K. Pollock as the new associate director of the exam program in the Los Angeles office, succeeding Martin Murphy, who retired earlier this year after more than 36 years of public service. After Murphy’s retirement, Pollock was named the acting director until a replacement was found, SEC officials said. Pollock… Read More >>
SEC’s L.A. Examinations Director to Retire
The SEC reports that Martin Murphy, its associate regional director for examinations in the agency’s Los Angeles office, is retiring after more than 36 years of public service, including 24 years at the SEC, officials say. As associate regional director for the SEC’s office of compliance inspections and examinations since 2008, Murphy has led a… Read More >>
