The SEC’s Enforcement Division reports that it had a seven percent increase in cases for fiscal year 2015 over the previous year and is breaking ground in several facets of the securities industry because of data and quantitative analytics and the help of the regulator’s other divisions. “The Enforcement Division’s leveraging of data, quantitative analytics… Read More >>
Disclosure Failures to Cost Blackstone Group $39 Million
Three private equity fund advisers within The Blackstone Group will be paying nearly $39 million to settle SEC charges that they failed to tell investors about the financial benefits accrued from accelerated monitoring fees and discounts on legal fees, according to the SEC. Approximately $29 million of the settlement is slated to be distributed to… Read More >>
