A Boston, Massachusetts Federal Court Jury has rendered a verdict against registered investment adviser Sage Advisory Group, LLC (“Sage”) and its principal Benjamin Lee Grant (“Grant”) in a civil fraud case filed by the Securities and Exchange Commission (“SEC”). The…
This July marks the fourth year since the passage of the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank”). With the anniversary comes much debate surrounding the effects of the legislation and whether increased regulatory oversight is necessary. A…
Michelle L. Jacko wrote the article titled Custody compliance Creating More Clarity which was published in the Charles Schwab Compliance Review in July, 2014. … Read More
Jacko Law Group, PC (“JLG”) each month publishes a Legal Tip, written by one of its professional staff on a relevant topic specific to the securities industry. In late May 2014, JLG, wrote and released a Legal…
The Legal Tip for Jacko Law Group titled Continued Focus On Valuation Remains An Sec Priority was written in June, 2014.… Read More
The Legal Tip for Jacko Law Group titled California’s Revised Custody Rule Seeks Uniformity was written in May, 2014.… Read More
Recently, the California Department of Business Oversight (“DBO”) officially adopted revisions to the California investment adviser custody rule, Section 260.237 of Title 10 of the California Code of Regulations (the “Rule”). According to the DBO, these changes were in response…… Read More
An important and pervasive online tool has been used to lure investors to a new Ponzi scheme, according to the Securities and Exchange Commission (“SEC”). In a press release dated April 8, 2014, the SEC alleges that Joseph Signore of…
The Legal Tip for Jacko Law Group titled Important Reminders About Pay-to-play was written in March, 2014.… Read More
In his January 24, 2014 speech Securities and Exchange Commission (“SEC”) Commissioner Daniel M. Gallagher stated that “two issues that…should be at the very top of the SEC’s agenda”, a “revamping” of the SEC’s corporate disclosure system and a series…