Author: Ronald Minsky
Five Investment Advisers Charged by SEC for Marketing Rule Violations
Posted in Investment Management & Securities
On April 12, 2024, the Securities and Exchange Commission announced settled charges against five registered investment advisers for violations of the Marketing Rule. The firms have agreed to settle and pay a combined $200,000 in penalties, as well as cease and desist from violating the charged provisions, and to implement… Continue reading
Initial Form N-PX Filing Could Apply to Your Firm Even if You Don’t Vote Proxies!
Posted in Investment Management & Securities
New Rule 14Ad-1 requires all institutional investment managers (i.e., including registered investment advisers that manage client assets-see below) that are 13F filers to report say-on-pay votes on the new version of Form N-PX when voting on the approval of executive compensation, including, but not limited to, “golden parachute” compensation. The term “golden parachute” generally refers… Continue reading
What is Form N-PX? Who Must File it and When?
Posted in Investment Management & Securities
Effective July 1, 2024, New rule 14Ad-1 requires institutional investment managers that are 13F filers to report say-on-pay votes (see below) on Form N-PX when voting on the approval of executive compensation, including, but not limited to, “golden parachute” compensation in connection with a merger or acquisition, among other matters. IF you are a 13F… Continue reading
