Enforcement Division

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  SEC Comings and Goings: Canellos, Ceresney Named Co-Heads of Enforcement

  By Melanie Waddell, AdvisorOne  |  April 22, 2013

  SEC Chairwoman Mary Jo White has named her former colleague Andrew Ceresney and acting enforcement director George Canellos co-directors of the enforcement division.

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  SEC Charges Hedge Fund Manager, BD CEO Belesis With Fraud

  By Melanie Waddell, AdvisorOne  |  March 22, 2013

  The SEC on Friday charged a Houston-based hedge fund manager and his firm with defrauding investors and steering bloated fees to Thomas Belesis, CEO of John Thomas Financial.

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  What I Learned at Our Compliance Conference, Pt. 2: What SEC Examiners Are Pursuing

  By David Tittsworth, IAA  |  March 18, 2013

  What are the SEC's priorities in examining investment advisors? A look at OCIE's priorities, and at what may be the most underreported development in advisor exams.

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  LPL to Pay Up to $2.5M in Nontraded REITs Case

  By Janet Levaux, AdvisorOne  |  February 7, 2013

  The violations took place between 2006 and 2009 in Massachusetts, regulators say.

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  SEC’s Top Cops Blast Columbia Law Professor Over ‘Inaccurate’ Enforcement Stats

  By Melanie Waddell, AdvisorOne  |  January 15, 2013

  The SEC’s two top enforcers, Robert Khuzami and George Canellos, are coming out against a recent article titled "SEC enforcement: What has gone wrong?"

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  SEC’s Top Cop, Khuzami, to Leave

  By Melanie Waddell, AdvisorOne  |  January 9, 2013

  The SEC’s top cop, Robert Khuzami, plans to leave the agency later this month after four years as its enforcement director, the SEC announced Wednesday.

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  SEC Targeting 4 Hedge Fund Developments in 2013

  By Melanie Waddell, AdvisorOne  |  December 18, 2012

  Bruce Karpati, head of the SEC’s Asset Management Unit, housed within the agency’s Enforcement Division, told compliance officers that overseeing hedge funds’ compliance will continue to be a priority for the agency next year.

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  Vow to Fight SEC Charges From Ex-Morgan Keegan Fund Directors

  By Melanie Waddell, AdvisorOne  |  December 12, 2012

  Eight former independent directors, who were charged by the SEC with overstating the value of their securities as the housing market was collapsing in 2007, say they will “vigorously” contest the charges.

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  NASAA Fires Off Warning as Crowdfunding Accelerates

  By Melanie Waddell, AdvisorOne  |  December 7, 2012

  With the number of crowdfunding Internet domains jumping from 900 to 8,800 since the beginning of the year, NASAA sees big potential for abuse.

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  SEC, FINRA Enforcement Roundup: Insider Trading Ring Busted; Raymond James Hit

  By Marlene Y. Satter, AdvisorOne  |  December 7, 2012

  Among recent actions taken by the SEC and FINRA were the breakup of an insider trading ring; Raymond James getting fined and censured; and proceedings over securities law violations by the Big Four accounting firms' China affiliates.