In browsing through enforcement actions I look for lessons learned. In some cases it’s compliance doing its job and stopping a fraud before it gets too big. The case against Owen Li caught my eye. His trades were not working so he made a last ditch effort to make it all back. Given that this … Read more »
Happy Start to Your Compliance New Year
I hope you were able to enjoy the long weekend. Perhaps an extra long weekend if you found December 31 to be an optional work day. Today is obviously not the first day of the new year, but it is the first day of work in the new year. With the new year, come the … Read more »
Compliance Bricks and Mortar for the New Year
Happy New Year! May 2016 be better for you than 2015. These are some of the compliance related stories that caught my eye before the end of 2015. Compliance Fiction by Roy Snell in SCCE’s Compliance & Ethics Blog Let me tell you a completely fabricated compliance story. [More…] The Father of Texas and Leadership … Read more »
Happy End of 2015
Whether 2015 was a great year or a terrible year for you, I hope that 2016 will be a better year. I hope that some of the stories I published this past year were useful. Be compliant in 2016 Read more »
Looking Ahead – Five Compliance Predictions for 2016
With my 2015 almost gone, I was thinking about what to expect in 2016 in the private fund and real estate fund compliance area. My crystal ball is not very reliable. If it was fully operational, I would have bought Apple stock in 2002 before the iPod came out. Real Estate Fund Enforcement Actions There … Read more »
Another Potential Reason for Companies Not to Go Public
Cybersecurity is a real threat and needs to be taken seriously. But is it a Board of Directors level issue for all public companies? I don’t think so. But apparently Senators Jack Reed and Susan Collins think that is. That would mean another headache for public companies. Of course there may be some companies that … Read more »
This Year’s Most Popular Posts
As 2015 comes to an end, I looked back at some website wonkiness and saw a report for the top stories this year based on the number of views. Maybe you missed some of these. Qualified Purchasers under the Investment Company Act What is a Security? Is Real Estate a Security? Private Equity Real Estate … Read more »
Merry Christmas
‘Twas the Night….
‘Twas the night before Christmas, when all through the house Not a creature was stirring, not even the compliance….. That’s enough of my poetry. And frankly enough work for the day. I’m off to celebrate for a long weekend. Merry Christmas. Happy Holidays. Read more »
Shkreli Gets His Holiday Gift… Handcuffs
One of the most hated men in American business was grabbed by the FBI and put in handcuff. The Securities and Exchange Commission slapped a “me too” suit on him as well. Martin Shkreli did the perp walk last week for running a ponzi scheme. Shkreli became the face of what is wrong with the … Read more »