Related party transactions are rife with problems in all areas of the financial services industry. It’s hard to know if someone is looking out for your best interest, if they have interests on the other side of a transaction. Most private equity funds have some structure set up in the organizational documents to deal with … Read more »
Tag: 206(3)
Lessons from Wunderlich
I don’t take pleasure from others’ failings, but I do try to learn lessons. The recent settlement between Wunderlich Securities and the Securities and Exchange Commission is full of lessons to be learned. overcharged advisory clients for commissions and other transactional fees in violation of Section 206(2) of the Advisers Act failed to satisfy the … Read more »