Tagged with "ares management llc"

Ares Management Settles SEC Claim of Compliance Violations

Posted on May 28th, 2020 at 3:52 PM
Ares Management Settles SEC Claim of Compliance Violations

Ares Management LLC, a private equity firm and registered investment adviser based in Los Angeles, has agreed to settle charges brought by the U.S. Securities and Exchange Commission (“SEC”).  According to the SEC, Ares failed to implement and enforce policies and procedures reasonably designed to prevent the misuse of material nonpublic information.  According to a release by the SEC, the firm will pay $1 million as part of the settlement.

Read More »

TESTIMONIALS

Previous
Next

You guys are good!

Mike L.

LATEST NEWS AND ARTICLES

April 22, 2024
FINRA Fines Independent Broker-Dealers Over Cybersecurity Lapses

The Financial Industry Regulatory Authority (FINRA) has imposed fines and censured independent broker-dealers Osaic Wealth and Securities America for cybersecurity deficiencies that led to hackers accessing the private information of more than 32,000 customers.

April 19, 2024
WealthFeed Raises Funds for AI-Driven Lead Generation Tool

WealthFeed leverages proprietary AI technology to collect nine real-time financial data points, including business sales, capital raises, inheritances, and job changes.

April 18, 2024
SEC Fines Target Off-Channel Communications

The Securities and Exchange Commission (SEC) is ramping up its enforcement efforts targeting off-channel communications, particularly text messages, among investment advisory firms.