More On Legal & Compliancefrom The Advisor's Professional Library
- Where Are We Headed? The ultimate compliance goal is to help ensure that everyone associated with an advisory firm acts ethically at all times. Advisors and RIAs should do the right thing, even when regulators are not looking over their shoulders.
- Scope of the Fiduciary Duty Owed by Investment Advisors A fiduciary obligation goes beyond the suitability standard typically owed by registered representatives of broker-dealer firms to clients. The relationship is built on the premise that the advisor will always do the right thing for the person or entity receiving advice.
SEC Commissioner Roel Campos will join the law firm of Cooley Godward Kronish in early September, at which time he will leave his SEC post. Campos will serve as a partner in the firm's business litigation practice in the Washington, D.C. office, and will assume the role of partner-in-charge of that office, the law firm announced in a release.
In the release, the law firm says "Campos will focus on representing companies in SEC enforcement matters and internal investigations, advising board and committees involving governance matters and compliance issues, and advising private equity, hedge and mutual funds regarding regulatory matters." Campos, the firm says, "has been a respected expert and influential voice within the SEC as to enforcement actions, and while at the SEC presided over hundreds of complex enforcement cases."