Manaing Partner & CEO Michelle Jacko’s article, How to Improve Your Compliance Program, was published in the October 2020 issue of the Investment Adviser Association’s (IAA) Compliance Corner Newsletter.… Read More
Stress created by high jobless rates. Acrimonious political debate over acceptable levels of federal assistance. Rampant fear and uncertainty while awaiting the arrival of an effective coronavirus vaccine.
On August 14, 2020, Xavier Becerra, the Attorney General for California (“the AG”), announced that the final package of regulations for the California Consumer Privacy Act (“CCPA”) was approved by the California Office of Administrative Law (“OAL”).
The LawTV Video 3: Integral Factors for Your Firm’s Mock SEC Examination… Read More
The formation of a registered investment adviser (“RIA”) can be both an exciting and daunting process. On the one hand, the opportunity for financial professionals to achieve independence and the prospect of increased revenues as an independent RIA is an attractive possibility.
On Friday, June 26, the U.S. Securities and Exchange Commission (“SEC”) released updated responses to FAQs regarding Form CRS. Notwithstanding the timing of the updated FAQs, the additional guidance offers supplementary and expanded information regarding the SEC’s stance on important considerations for the Form CRS including:
On June 1, 2020, Xavier Becerra, the Attorney General for California, submitted the final package of regulations for the California Consumer Privacy Act (“CCPA”) to the California Office of Administrative Law (“OAL”). For businesses required to comply with the CCPA, the package outlines the requirements for privacy notices, methods for submitting requests to know and delete consumer information, verification of consumers, special rules regarding minors, and non-discrimination.
Manaing Partner & CEO Michelle Jacko’s article, Considerations for 2020 and Focus on SEC Exam Priorities, was published in the April 2020 edition of the National Society of Compliance Professionals’ Currents newsletter.… Read More
On May 12, 2020, the Securities and Exchange Commission (“SEC”) announced that Morgan Stanley Smith Barney (“MSSB”) agreed to settle charges that it provided misleading information regarding transaction costs and services to retail clients in its wrap program for the period from 2012 to 2017.
On April 28, 2020, the Securities and Exchange Commission (“SEC”) announced an award of $18 million dollars to a whistleblower for providing the SEC with crucial information that was used as part of an enforcement action against a firm found to be in violation of federal securities laws.