More On Legal & Compliancefrom The Advisor's Professional Library
- Pay-to-Play Rule Violating the pay-to-play rule can result in serious consequences, and RIAs should adopt robust policies and procedures to prevent and detect contributions made to influence the selection of the firm by a government entity.
- Dealings With Qualified Clients and Accredited Investors Depending upon an RIAs business model and investment strategies, it may be important to identify “qualified clients” and “accredited investors.” The Dodd-Frank Act authorized the SEC to change which clients are defined by those terms.
The joint committee will focus on retail investor perspectives and the role exchange-traded funds (ETFs) may have played in the so-called "flash crash" on May 6. The meeting, which will be open to the public, will be held at the CFTC headquarters in Washington and will also be webcast on the CFTC's website.
Michael Mendelson, Principal, AQR Capital Management;
Noel Archard, Head of U.S. Products, Blackrock;
Charles Rotblut, Vice President and Editor, American Association of Individual Investors;
Chris Nagy, Managing Director, Order Routing Sales and Strategy, TD Ameritrade;
Kevin Cronin, Director of Global Equity Trading at Invesco; and
Pamela J. Craig, Chief Financial Officer, Accenture.