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Article
Show Me The Fees: SEC Risk Alert Zeroes In On Economic Conflicts Of Interest
The SEC's Division of Examinations has identified significant compliance gaps in how investment advisers handle economic conflicts of interest, particularly around cash management programs and revenue-sharing arrangements. Recent examinations revealed advisers failing to adequately disclose compensation received from custodians, charging fees inconsistent with client agreements, and maintaining deficient compliance programs that don't address fee-related risks. These findings underscore the ongoing regulato
United States Finance
KM
Katten Muchin Rosenman LLP
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