SEC Regulations Blog | Jacko Law Group

Form ADV Disclosures

January 12, 2024 by Jacko Law Group, PC

For investment advisers, the Form ADV captures the most important attributes of their services, and it is important to spend time ensuring that investors have enough to make an informed decision about selecting a wealth manager. Thus, we highly recommend that you pay extra attention to disclosures, and in this case, more is more. When it comes to 2024 ADV filings, our mantra is, “Err on the side of caution, and when in doubt – DISCLOSE.”… Read More

Blog | Breakaway & Transition | Investment Advisers | Investment Companies | Mergers & Acquisitions

M&A Trends for 2024

January 3, 2024 by Jacko Law Group, PC

Inflation, high interest rates and geopolitical instability have influenced market momentum, which has in turn encouraged a highly intentional, risk-averse approach to business growth.
Businesses remain dedicated to aggressive development especially in the wake of the AI boom that is said to ramp up even more next year. However, in the effort to mitigate as much risk as possible, Mergers and Acquisitions will take center stage in 2024.… Read More

Blog | Investment Advisers | Investment Companies | Regulatory Compliance

Firms Must Submit FINRA Vendor Questionnaire by December 29, 2023

December 14, 2023 by Jacko Law Group, PC

The Financial Industry Regulatory Authority (FINRA) is requesting that broker-dealers submit information on their Mission Critical vendors through the FINRA Vendor Questionnaire. FINRA is requesting that all firms including RSA Exchange members submit their forms by December 29, 2023.… Read More

Blog | Investment Advisers | Investment Companies | Regulatory Compliance

Mitigating Risk for Business Communications

December 12, 2023 by Jacko Law Group, PC

Compliance in the advisory sector is ongoing and demanding. However, after decades of helping investment companies, investment advisers, broker-dealers and more with their compliance needs, there is one thing the Jacko Law Group team can attest to – a structured and consistent approach bolsters your risk mitigation efforts and strengthens your regulatory compliance program. This is especially true for highly scrutinized areas such as business communications, especially text messaging, and off channel communications.… Read More

Year-End Compliance Review Checklist for Advisory Businesses

November 17, 2023 by Jacko Law Group, PC

Advisory businesses and professionals have experienced a lot of changes to regulations this past year, which has made it understandably challenging to remain compliant. With many regulations going into effect in 2024, and regulatory bodies’ commitment to enforcing those regulations, there is no time like the present to undertake a robust and comprehensive year-end review of your compliance program. … Read More

House Hearing on SEC’s Approach to Rulemaking

November 15, 2023 by Jacko Law Group, PC

On November 2, 2023, the U.S. House of Representatives Financial Services Subcommittee on Capital Markets held a hearing on what was termed, ‘The SEC’s Agenda: Unintended Consequences for U.S. Capital Markets and Investors” to explore whether the enforcement actions and new proposals and regulations put forth by the SEC was inadvertently harming the market.… Read More

The New California Digital Asset Bill

November 14, 2023 by Jacko Law Group, PC

What does the new Digital Financial Assets Law mean for firms and individuals in the investment advisory space?
Investment companies and investment advisers managing digital assets may be required to comply with regulations under the new Digital Financial Assets Law. Conversely, broker-dealers are exempt along with banks and technology network providers. In addition, the new law exempts individuals or entities who manage digital asset securities which is a digital financial asset pegged against government-backed currency.
… Read More

Investment Advisers: SEC Examination Priorities for 2024

October 31, 2023 by Jacko Law Group, PC

The U.S. Securities and Exchange Commission has charged Titan Global Capital Management over $1 million for violating the SEC’s new marketing rule. The New York-based RIA was charged with misrepresenting hypothetical performance metrics in advertising when it promoted a crypto investment strategy with returns as high as 2,700%.

The company is the first to face SEC enforcement actions under the new Marketing Rule, setting the precedence that the SEC is paying close attention to advisers who disregard or fail to meet the requirements of the investment adviser Marketing Rule. … Read More

Investment Companies: SEC Examination Priorities for 2024

October 27, 2023 by Jacko Law Group, PC

Blog | Events | Investment Adviser Regulatory Counsel (SEC & State) | Regulatory Examinations & Enforcement Counsel

Michelle Jacko to speak on Compliance Best Practices & Trends at Raymond James “EMPOWER”

September 20, 2023 by Jacko Law Group, PC

On October 18, 2023, Michelle Jacko will be at the Raymond James EMPOWER event held in Tampa, Florida where she will present on “Compliance Best Practices & Trends” a dynamic and important update for RIAs and other professionals in the … Read More