Securities and Exchange examiners will target advisers to hedge funds and private-equity programs and advisers who are registered as both registered investment advisors and reps, reports InvestmentNews.

SEC Office of Compliance, Inspections and Examinations Director Carlo di Florio said federal spending cuts mandated by sequestration won’t impact the regulator’s scheduling of examinations.

New York-based Anchin, Block & Anchin LLP was negligent in managing the assets of crime writer Patricia Cornwell and should pay the former client $51 million, according a recent federal court jury ruling.