Unless you have been avoiding financial news and market analysts during 2020 and 2021, you have heard discussions regarding Special Purpose Acquisition Company(ies) (“SPACs”). SPACs have been around for decades, but their use has recently skyrocketed as companies consider alternative exit strategies during the Covid-19 pandemic, as it created uncertainty on the public and Initial Public Offering (“IPO”) market.… Read More
Given the current regulatory landscape, good intentions just aren’t good enough. Companies need to be actively protecting themselves and their personnel from liability.
The U.S. Securities and Exchange Commission’s (SEC) Division of Examinations (“EXAMS” or the “Division”) released its annual priorities on March 3, 2021 in a 42-page report of exam priorities. Among other things, the list includes an ongoing emphasis on the overall strength of financial advisers’ compliance programs and a growing interest in the evolving risks to investors related to relevant climate and environmental, social, and governance (ESG) funds.
Jacko Law Group, P.C. (“JLG”) wrote the article titled Cover Your Legal Bases When Breaking Away which was published in the Financial Advisor IQ on June 2, 2016.… Read More
Michelle L. Jacko wrote the article titled Legal and Regulatory Compliance Considerations for Business Transitions which was published in the Wolters Kluwer Newsletter in September/October, 2015. … Read More
Jacko Law Group P.C. (“JLG”) wrote the article titled Benefit Corporations – A New Avenue Available for Mission-Driven Corporations which was published in the San Diego County Bar Association (SDCBA) Newsletter in October, 2014.… Read More
Michelle L. Jacko wrote the article titled Recent SEC Administrative Proceedings Point to Liability Issues Facing CEOs of Financial Firms which was published in the San Diego County Bar Association (SDCBA) Newsletter in September, 2014. … Read More
The Legal Tip for Jacko Law Group titled 2012 Sec Enforcement Cases – A Year in Review was written in December, 2012.… Read More
As discussed in a previous blog posting, investment advisers must comply with Rule 206(4)-3 (the “Rule”) of the Investment Advisers Act of 1940 when using solicitors. Notably, in July 2008, the SEC issued a no-action letter (the “Letter”) which provided…