Personal Securities Reporting: Push Back at Your Peril
Your spouse or parents may need to report certain securities they hold to your compliance officer. Failure to do so may get you fired.
Cybersecurity: The SEC’s Critical Initiative
Here are some questions to be prepared for in an SEC exam and some things to keep in mind when making cybersecurity policies.
What SEC’s Recent Social Media Guidance Means for Advisors
It is important to understand exactly what the guidance update on using testimonials via social media has and has not changed.
The Municipal Advisor Law and Its Implications
Do you provide advice to government entities about financial products or the issuance of municipal securities?
Private Funds: Are You a ‘Knowledgeable Employee’?
Newly released guidance from the SEC expands on the “knowledgeable employee” exemption in the Investment Company Act.
Did You Miss the Deadline on the SEC’s Reg S-ID?
Your firm may be required to adopt a written identity theft prevention program under new Regulation S-ID even if you do not have custody.
Overseeing the Supervisor: The States Crack Down
The states are scrutinizing CCOs and firm managers to determine whether they should register as an IAR, even if they don't provide advisory services.
How to Establish a Culture of Compliance
SEC Chairwoman White’s “felt and feared” and “Giuliani-style approach” comments indicate that regulators are getting aggressive. Be ready.
Get Ready for an Aggressive SEC in the New Year
I have never been political in this column, but the time has arrived.
Exam Update: Are You Ready for the SEC?
I have just finished two weeks of traveling the country speaking to advisors. The topic: Where have regulators focused during recent exams?