Author: SECLaw Staff

Enforcement News

SEC Charges Investment Adviser and Two Officers for Misuse of Fund and Portfolio Company Assets

SEC Takes Action Against Investment Adviser and Executives Over Misappropriation of Assets Washington, D.C., March 7, 2025 – The Securities and Exchange Commission (SEC) has announced settled charges against registered investment adviser Momentum Advisors LLC, along with its former managing partner Allan J. Boomer and former chief operating officer Tiffany […]

News

Mark T. Uyeda Appoints Executive Staff at SEC

The Securities and Exchange Commission today announced Acting Chairman Mark T. Uyeda’s executive staff, which will advise the Acting Chairman on matters before the Commission and work closely with SEC staff. Gabriel Eckstein, Chief of Staff Steven Levine, Deputy Chief of Staff Holly Hunter-Ceci, Senior Advisor to the Acting Chairman […]

Compliance

Extension of Form PF Amendments Compliance Date

The Securities and Exchange Commission, together with the Commodity Futures Trading Commission (CFTC), extended the compliance date for the amendments to Form PF that were adopted on Feb. 8, 2024. The compliance date for these amendments, which was originally March 12, 2025, has been extended to June 12, 2025. Form […]

Enforcement

Invesco Advisers Faces SEC Penalty for Misleading ESG Claims

In a recent enforcement action, the U.S. Securities and Exchange Commission (SEC) penalized Invesco Advisers, Inc., accusing the investment management firm of making deceptive claims regarding the percentage of its assets under management (AUM) that incorporated environmental, social, and governance (ESG) factors. This Atlanta-based investment adviser agreed to a $17.5 […]