CEO & Managing Partner Michelle Jacko will present on Anticipating the Inevitable: Preparing for the SEC in 2020 for a Schwab compliance event in Seattle on February 20, 2020.… Read More
CEO & Managing Partner Michelle Jacko will present on Anticipating the Inevitable: Preparing for the SEC in 2020 for a Schwab compliance event in San Francisco on February 12, 2020.… Read More
California Governor Gavin Newsom has signed five bills that will directly amend the California Consumer Privacy Act (CCPA). Signed into law by then-Governor Jerry Brown on June 28, 2018, the CCPA was designed to notify consumers that they can learn about their personal data that is being collected and sold or distributed to third-parties or affiliates and be given the opportunity to opt-out. The effective date of the CCPA is January 1, 2020, and the enforcement date will be on July 1, 2020.
For those of us who have focused on performance advertising throughout their careers, we have witnessed many amendments to the Advisers Act – but none which have significantly touched upon advertising. During the last quarter century, there have been new … Read More
There’s a lot in the SEC’s 507 pages detailing its first major revision of its IA advertising rules in nearly 60 years. If you haven’t had a chance to comb through the release, register for our free December webinar to … Read More
HCR Wealth Advisors agreed to a cease-and-desist order, a $220,000 penalty, and a $328,912 payment to its harmed clients in order to settle charges with the U.S. Securities and Exchange Commission (“SEC”). The SEC complaint alleged that HCR had failed to reasonably supervise and implement its own compliance-related policies and procedures in response to fraudulent actions by one of its former investment advisors.
CEO & Managing Partner Michelle Jacko was quoted by The Financial Services Network in their article, "Modern Practice Management, Pt. 2: Why Small RIAs Are Stranded When Succession Planning" on November 5, 2019. The article discusses succession planning, specifically for … Read More
Robert Boeche and James Smith will present on Be Prepared for 2020: Addressing the Demands of Year-End Compliance, Form ADV and NEW Form CRS for NSCP’s Webinar November 21, 2019.… Read More
Managing Partner and CEO Michelle L. Jacko has been honored as a finalist for the "Business Women of the Year Awards 2019" by the San Diego Business Journal. The finalists will be honored at the San Diego Business Journal’s Business … Read More
In a noteworthy action resulting from a lack of action in monitoring client accounts, the U.S. Securities and Exchange Commission (“SEC”) fined three Raymond James entities $15 million for failing to conduct promised suitability reviews for certain advisory accounts invested in unit investment trusts (“UITs”).