Since March 2020, the Securities Exchange Commission (“SEC”) has been responding to the unexpected COVID-19 global pandemic by quickly issuing guidance, orders, FAQ’s and No-Action letters addressing the hardships that face investment companies and investment advisers. … Read More
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.
On April 30, 2020, the Financial Industry Regulatory Authority (“FINRA”) celebrated the fifth anniversary of its Senior Help Line (the “Help Line”). The Help Line is a critical tool in FINRA’s initiative to combat financial exploitation of seniors and other vulnerable populations.
The U.S. Securities and Exchange Commission (“SEC”) recently announced settled charges against two advisers that self-reported conflicts of interest as a part of the Share Class Selection Disclosure Initiative.
Lone Star Value Management LLC (“Lone Star”) and its owner Jeffrey Eberwein settled with the Securities and Exchange Commission (“SEC”) over charges that it executed 21 trades without disclosing they were principal trades.
The Securities and Exchange Commission (SEC) recently upgraded its Public Alert: Unregistered Soliciting Entities (PAUSE) website adding 25 soliciting entities and four false regulators and enhancing its accessibility for Main Street investors.
Jacko Law Group wrote the Legal Tip titled “Building Your Compliance Coalition in 2020,” in March 2020.… Read More
David M. Sobel will present on Compliance Training When Regulations Change and Conducting Effective Branch Audits at the NRS Spring 2020 Compliance Conference on April 20-22, 2020.… Read More
The Securities and Exchange Commission (“SEC”) voted to propose amendments to its definition of an “accredited investor,” which, if approved, will allow more investors access to invest in private offering opportunities.
You’re the CEO and are about to onboard a new advisor at your financial advisory firm. You want to make a lasting impression and set the proper tone.