The California Court of Appeal recently struck a post-employment non-competition provision in an employment agreement which was part of a broader acquisition deal. The opinion, Fillpoint, LLC v. Mass (August 24, 2012), demonstrates California’s strong public policy in favor of…
Jacko Law Group P.C. (“JLG”) wrote the article titled “Best Execution and the Investment Adviser: Policies and Procedures to Meet the Obligation” which was published by Thomas Reuters Accelus on October 3, 2012.… Read More
On September 21, 2012, Governor Brown signed Senate Bill 323 (Vargas) (the “Bill”) into law. Specifically, Section 20 of the Bill adds the California Revised Uniform Limited Liability Company Act (“RULLCA”) to the Corporations Code to govern the formation and operation…
Last month, the California Court of Appeal in San Francisco issued an opinion in Lickiss v. Financial Industry Regulatory Authority explicitly permitting courts across the state to use an equitable balancing test in order to determine whether a broker’s CRD…
Jacko Law Group P.C. (“JLG”) wrote the article titled Trading Compliance which was published in the Charles Schwab Compliance Review’s September 2012 issue. … Read More
Yesterday the Securities and Exchange Commission instituted administrative proceedings against nationally syndicated radio personality and author Raymond J. Lucia. Lucia is the owner of Raymond J. Lucia Companies, Inc., a former federally registered investment adviser doing business as RJL Wealth…
Michelle L. Jacko wrote a Legal Tip for Jacko Law Group titled How Compliance Failures Can Lead To Enforcement in September, 2012.… Read More
Jacko Law Group, P.C. (“JLG”) wrote a Legal Tip titled Practical Considerations For Preventing Insider Trading in August, 2012.… Read More
The SEC Whistleblower Program (the “Program”), which became a final rule on August 12, 2011, provides incentives and protection to whistleblowers who provide the SEC with original information about violations of the federal securities laws. Under the Program, an “eligible…
This week the Commodity Futures Trading Commission’s Division of Swap Dealer and Intermediary Oversight (DSIO) published a set of Frequently Asked Questions (FAQs) addressing compliance obligations for Commodity Pool Operators (CPOs) and Commodity Trading Advisors (CTAs). The FAQs address a…