Regulatory Examinations and Enforcement Counsel
Preparing for and responding to regulatory exams, by the SEC, FINRA or the state can be overwhelming. Jacko Law Group (JLG) has established a Quick Response Team (QRT) that has extensive experience in handling regulatory examinations and can assist you with:
- Guidance on what to expect and how to prepare for the onsite examination
- Mock interviews with and training of personnel
- Liaising with regulators on complex issues, document requests and production
- Review of books and records prior to submission
- Representation before and during the onsite examination
- Responding to regulatory deficiency letters
Response to inquiries from the SEC, FINRA or other regulatory bodies must be prompt, carefully considered and accurate in addressing each issue or deficiency, particularly if allegations of securities law violations are involved.
At JLG, we understand our clients and know their businesses. This enables us to provide prompt, effective responses to regulatory inquiries and allegations at both the state and federal levels.
Having extensive experience in responding to SEC, FINRA and other official inquiries, JLG is prepared to respond to any number of issues or claims:
- Breach of fiduciary duty
- Negligent misrepresentation
- Account churning
- Unauthorized trading
- Making unsuitable investments
- Insider trading
- Failure to adequately supervise registered representatives
- Improper or inadequate due diligence
- Improper registration
- Unregistered securities
- Market manipulation
- Failure to provide adequate disclosures or properly advise clients of investment risks
- Failure to diversify and over concentration of securities
- Improper sales practices
- Expungement of customer complaints or inaccurate disclosures
It is JLG's sincere hope that a regulatory exam or inquiry will not lead to enforcement. However, if this happens, it is essential to have regulatory counsel by your side. Our lawyers are ready to provide the firm with guidance on how to proceed — either with submitting a Wells notice, negotiating settlement or going forth with an administrative proceeding.
JLG provides time-sensitive, effective regulatory responses on behalf of broker-dealers, investment advisers, hedge fund managers, and other financial and securities industry clients throughout the United States.
CONTACT OUR QRT REGULATORY COUNSEL
For more information or to speak with a securities attorney — contact our California law office directly at 619.298.2880 or contact us online.
Legal Risk Management Tips
- Wolters Kluwer: Practical Compliance & Risk Management For the Securities Industry, 04.2017
- National Society of Compliance Professionals (NSCP) Currents , 04.2015
- Thomson Reuters Accelus, 01.12.2015
- Thomson Reuters Accelus , 09.23.2014