Since the Financial Crisis of 2008, financial regulations have grown (some say out of control). The purpose, of course, is to prevent another global catastrophe. Yet now approaching ten years later, some of those rules and regulations are being scaled back. Which leads to the question: where do we go from here. The debate centers […]
Samex Capital Advisors, LLC money manager Keenan Hauke, of Fishers, Indiana, has had his financial advising license revoked. The Indiana Securities Division took the dramic step recently following allegations by a former employee of misallocation of client funds. The Order of Revocation signed by the Indiana Securities Commissioner stated that there was a “substantial threat […]
The SEC is ramping up its enforcement. The Division of Enforcement has established new groups that will concentrate on specific parts of the market. This more narrow scrutiny will focus primarily on mutual funds/assets under management. The SEC believes that this specialized enforcement will serve to reduce and contain risks within investment management. Fund companies […]
