Proactive Risk Mitigation
Given the current regulatory landscape, good intentions just aren’t good enough. Companies need to be actively protecting themselves and their personnel from liability.
Annual Reviews & Risk Assessments | Investment Adviser Regulatory Counsel (SEC & State) | Video Library
Protecting Your Firm Through Risk Management
The LawTV/Video Bolt Video 11: Protecting Your Firm Through Risk Management… Read More
Protecting Your Firm Through Risk Management
You have successfully formed your investment advisory firm and your business is up and running. Now you want to ensure that your firm remains in compliance with the SEC, FINRA and state regulators so that, in the event a regulatory agency DOES come knocking, you are ready to handle the examination.
Area of Focus for Your Annual Review: Custody
In a previous blog post, we discussed a few key areas for consideration regarding a firm’s annual review. We covered the integral area of the Code of Ethics – but in today’s blog post we focus on the importance of analyzing your firm’s policies regarding custody.
Area of Focus for Your Annual Review: Code of Ethics
The annual review is one of the three (3) pillars of Rule 206(4)-7 (“the Compliance Rule”) of the Investment Advisers Act of 1940 (“the Advisers Act”).
Internal Control Failures Cost MetLife $10 million in SEC Settlement
MetLife, Inc. has agreed to pay a civil penalty of $10 million in order to settle charges from the Securities and Exchange Commission (“SEC”) that it violated the books and records and internal accounting controls provisions of the federal securities laws.
HCR Advisors Settles SEC Charges on Failure to Supervise and Implement Compliance-Related Policies and Procedures
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.
Effective Testing Ideas for Your Annual Review
Michelle L. Jacko presented on Effective Testing Ideas for Your Annual Review at the on Annual Core Compliance & Legal Services (Core Compliance) Compliance Symposium November 3, 2016 in Anaheim, CA.… Read More
Conducting an Annual Review and Enterprise Risk Management
Michelle L. Jacko presented on Conducting an Annual Review and Enterprise Risk Management at the ACA Fall Compliance Conference on October 17-19, 2012 in San Diego, CA. … Read More
Annual Review
Michelle L. Jacko presented on Annual Review at the Investment Advisers Association (IAA) Investment Adviser Compliance Conference on March 10, 2011 in Arlington, VA.… Read More