Asset Management Unit
E296194
The Asset Management Unit is a specialized enforcement group within the U.S. Securities and Exchange Commission focused on investigating and prosecuting misconduct in the asset management industry, including investment advisers, mutual funds, and private funds.
All labels observed (1)
| Label | Occurrences |
|---|---|
| Asset Management Unit canonical | 1 |
Statements (46)
| Predicate | Object |
|---|---|
| instanceOf |
SEC enforcement unit
ⓘ
specialized enforcement group ⓘ |
| activity |
brings enforcement actions against asset managers
ⓘ
conducts investigations of asset managers ⓘ coordinates with other SEC offices and units ⓘ |
| approach |
risk-based targeting of asset management practices
ⓘ
use of specialized industry expertise in investigations ⓘ |
| country |
United States of America
ⓘ
surface form:
United States
|
| enforces |
Investment Advisers Act of 1940
ⓘ
Investment Company Act of 1940 ⓘ U.S. Securities Act of 1933 ⓘ
surface form:
Securities Act of 1933
U.S. Securities Exchange Act of 1934 ⓘ
surface form:
Securities Exchange Act of 1934
rules governing investment advisers ⓘ rules governing mutual funds ⓘ rules governing private funds ⓘ |
| focusesOn |
hedge funds
ⓘ
investment advisers ⓘ mutual funds ⓘ other pooled investment vehicles ⓘ private equity funds ⓘ private funds ⓘ registered investment companies ⓘ |
| goal |
deter securities law violations by asset managers
ⓘ
promote compliance in the asset management industry ⓘ protect investors in pooled investment vehicles ⓘ |
| handles |
cases involving conflicts of interest in asset management
ⓘ
cases involving custody and safeguarding of client assets ⓘ cases involving disclosure violations by asset managers ⓘ cases involving fee and expense abuses ⓘ cases involving misallocation of investment opportunities ⓘ cases involving misrepresentation of investment strategies ⓘ cases involving valuation issues in funds ⓘ |
| industryFocus | asset management industry ⓘ |
| jurisdiction | U.S. federal securities laws ⓘ |
| mission | enhance the SEC’s enforcement capabilities in the asset management area ⓘ |
| parentOrganization |
Securities and Exchange Commission
ⓘ
surface form:
U.S. Securities and Exchange Commission
|
| partOf | Division of Enforcement ⓘ |
| primaryFunction |
investigating misconduct in the asset management industry
ⓘ
prosecuting misconduct in the asset management industry ⓘ |
| regulator |
asset managers registered with the SEC
ⓘ
certain unregistered asset managers that impact U.S. investors ⓘ |
| subjectTo | oversight by senior officials in the Division of Enforcement ⓘ |
| typeOfCases |
administrative proceedings
ⓘ
civil enforcement actions ⓘ |
| worksWith |
Office of Compliance Inspections and Examinations
ⓘ
other specialized units within the SEC Division of Enforcement ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.