Investment Management Partner Featured in Ignites Discussing Possible SEC Enforcement Actions in Connection with Fund Intermediary Payments
Investment management partner Greg Sheehan (Boston) is featured in an April 24 Ignites video interview titled “Funds Fear SEC Crackdown in Gray Zone of Sales Fees.” In the interview, Mr. Sheehan comments on potential Securities and Exchange Commission’s (SEC) enforcement actions against firms relating to sub-accounting payments to intermediaries. He notes that firms will worry if the recent sweep results in cases that challenge practices that are in a “gray zone,” with many areas of ambiguity.
Click here to view the full video interview (subscription required).