Starting Out: Mergers & Acquisitions
Why Intellectual Property is Important and What it Means for Your Business
Among the more frequently overlooked aspects of running a business is the importance of proactive steps to legally protect your products, services, and unique ideas. Advisors are justifiably preoccupied with clients and employees but safeguarding your firm’s intellectual property (IP) … Read More
Additional Document Production: Key Elements to the Secondary Request
One common misconception about responding to the U.S. Securities and Exchange Commission’s (“SEC’s”) initial request for documents as part of an examination or routine sweep is that the document production phase has ended. On occasion, it has basically just begun. … Read More
Tips on How to Produce the Right Document for an Examination
Firms registered with the U.S. Securities and Exchange Commission (SEC), should regularly ask themselves when – not if – they will be examined. With that in mind, the team at Jacko Law Group, PC (“JLG”) has a few best practices on how to prepare for the SEC’s inevitable request for document production.… Read More
Common Themes We’re Seeing in 2021 SEC Examinations
From first-hand experience, we’ve learned the primary area of focus for U.S. Securities and Exchange (“SEC”) examiners this year is protecting the retail investor, with an emphasis on those saving for retirement, aging clients, and cybersecurity.… Read More
Important Actions to Take When Responding to an SEC Deficiency Letter
A deficiency letter from the SEC isn’t the end of the world. A significant majority of firms find one in their mail months after examiners have come and gone. The most SEC common findings include compliance shortcomings related to the protection of senior investors, business continuity plans, and cybersecurity. … Read More
The Most Common Outcomes from an SEC Examination
Compliance officers and senior management tend to express relief once the U.S. Securities and Exchange Commission’s (“SEC”) Division of Examinations (“EXAMS”) ends its preliminary exit interview of their firm. Even if you’ve provided all requested documentation and answered all questions confidently, sometimes the most excruciating part of the exam process begins once SEC staff walks out your door.… Read More
Three Things to Remember for Staff Interviews During an SEC Visit
Examiners with the U.S. Securities and Exchange Commission (“SEC”) typically send firms an advance list of who they want to interview for two reasons: scheduling and availability purposes and to provide an idea of their expectations while they are onsite. … Read More