May 2015 Archives | Securities Law & Corporate Counsel Blog
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May 2015 Archives

JLG Legal Risk Management Tip - How The Proposed Amendments To Form ADV And Advisers Act Will Impact Investment Advisers

Jacko Law Group, PC (“JLG”) published its monthly Legal Risk Management Tip (“Legal Tip”), written by Managing Partner & CEO, Michelle Jacko.  Jacko’s Legal Tip discusses the May 20, 2015 Securities and Exchange Commission's Release No. IA-4091 which proposes certain amendments to Form ADV in order to obtain additional data related to an adviser’s business practices in three broad areas:
  • Obtaining information related to separately managed accounts ("SMAs");
  • Streamlining reporting obligations for related advisers to multiple private funds; and
  • Amendments clarifying the reporting obligations intended for Form ADV Part 1.
The Legal Tip also discusses the proposed amendments to the Books and Records Rules.  Please click here to read the Legal Tip in its entirety.To browse our entire library of Legal Risk Management Tips, including insightful articles on a wide range of industry topics, please click here.For more information on this and other related subjects, please contact us at info@jackolg.com or (619) 298-2880

JLG Legal Risk Management Tip – Anti-Money Laundering as Applied to Investment Advisers

Jacko Law Group, PC (“JLG”) published its monthly Legal Risk Management Tip (“Legal Tip”), written by its Attorney, Robert Boeche this April.  Boeche’s Legal Tip discusses whether anti-money laundering (“AML”) regulations apply to investment advisers, duties owed by investment advisers, and potential regulatory changes that may be occurring in the near future.The Legal Tip will discuss:
  • Current AML regulations
  • Duties of investment advisers
  • Industry trends regarding AML for investment advisers
  • Anticipated trends and considerations
Boeche explains in the Legal Tip that “Those advisers who currently do not employ a formal AML policy as part of their Policies and Procedures Manual should consider incorporating such a policy, or at the very least, draft policies to specifically address the OFAC program. Advisers already incorporating AML policies should review and routinely test their processes to ensure they are effective.” Please click here to read the Legal Tip in its entirety and learn how your firm can stay ahead of the curve when preparing for  forthcoming regulations and meeting  their ongoing fiduciary obligations to clients.To browse our entire library of Legal Risk Management Tips, including insightful articles on a wide range of industry topics, please click here.For more information on this and other related subjects, please contact us at info@jackolg.com or (619) 298-2880