More On Legal & Compliancefrom The Advisor's Professional Library
- Registration Requirements for Investment Advisor Representatives (IARs) When individuals launch an advisory firm, they must avoid marketing themselves or the firm as investment advisors before they are properly approved and registered. Otherwise, they are subject to severe penalties.
- Anti-Fraud Provisions of the Investment Advisers Act RIAs and IARs should view themselves as fiduciaries at all times, whether they meet the legal definition or not. Deviating from the fiduciary standard of full disclosure while courting clients may cause the advisor significant problems.
Forbes.com writer Ahmed Taha analyzes the SEC's warnings to investors about not using a fund's past performance to predict future performance.
WealthManagerWeb.com writer J. Gibson Watson III shares points in favor of active portfolio management.
Marc L. Ross, CFA, CFP, shares an introduction to hedged mutual funds at Investorpedia.com.
James E. McWhinney offers an excellent summary of mutual funds' emergence and development.
Forbes.com gives a great overview of this new development in an unusual format.