A Message From the SEC—Listen Up!
On June 23, the SEC entered into a settlement with a large advisor for failures to “implement and enforce provisions of its policies and procedures and code of ethics.”
SEC Proposes Significant Changes to Form ADV Part 1
Just when you thought it was safe to go outdoors, the Securities and Exchange Commission strikes again.
Does Your CCO/Senior Management Relationship Need Improvement?
The SEC has made clear that the role is one of senior firm management.
Are Your ‘Best Practices’ Good Practices?
Tom Giachetti despises the term “best practices,” saying it is abused by clueless consultants looking for one-size-fits-all solutions.
5 Key Issues for a Succession Plan
In recent statements, SEC Chairwoman White has indicated that some requirement for succession planning will be incorporated into the much-anticipated uniform fiduciary duty rule.
Why the SEC Doesn't Need to Regulate Succession Planning
Just when you thought there wasn't one more rule that the SEC could impose on advisory firms, here comes another.
Fight Back Against ‘Aggressive’ Exams
You have gotten the call, and the SEC is coming. What now? Are you ready? How do you prepare?
Don’t Be Complacent About Compliance
This year is the second full year of a new, aggressive SEC regulatory regime. Has the majority of the advisory community taken heed? Unfortunately not.
SEC Exam Process Lacks Consistency
Multiple exams make it difficult for firms to predict what types of questions they’ll have to answer.
The ERISA Mystery Part II: Model Portfolios in Participant-Directed Plans
The Department of Labor is charged with enforcing retirement plan participant disclosure rules, commonly known as the 404(a)(5) rules.