Investment Adviser Ordered to Pay More Than 3 Million For Violations of the Investment Advisers Act of 1940

The Securities and Exchange Commission has ordered the dually registered Investment Adviser/Broker-dealer Cadaret, Grant & Co., Inc. to pay disgorgement, prejudgment interest, and civil penalties of more than 3 million... [...]

During the course of recent examinations conducted by the Securities and Exchange Commission (the “Commission” or the “SEC”), the agency noted an increase in cybersecurity preparedness among broker-dealers, investment advisers,... [...]