Top 5 Regulatory Alerts for May

Here are our top 5 Regulatory Alerts for May.  You can read further at blog.cipperman.com. 

1. NYS’s Highest Court Rules that Compliance Officers Can’t Sue for Wrongful Termination (5/17/12)
    
2. OCIE’s Deputy Director Announces Exam Sweep of Private Fund Advisers (5/16/12)
    
3. Weak Compliance Function Results in $3.1 Million Payment and Bar for Hedge Fund Sponsor (5/30/12)
    
4. FINRA Says that Brokers Must Put Clients’ Interests First (5/23/12)
    
5. Side-by-Side Management Leads to Charges against Fund Manager (5/11/12)