Your Road Map to Leveraging 2021’s SEC Risk Alerts to Prepare for 2022
Michelle Jacko wrote the blog post, “Your Road Map to Leveraging 2021’s SEC Risk Alerts to Prepare for 2022,” for Jacko Law Group in December, 2021.… Read More
SEC Charges Morgan Stanley Smith Barney with Providing Misleading Information to Retail Clients
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.
Wrap Fee Programs in 2018 – Is Your Firm Prepared for SEC Scrutiny?
The 2018 SEC Exam Priorities once again listed wrap fee programs as one of their areas of focus this year. This is not unexpected, as the continued push by the SEC to protect retail investors (and the subset of senior/retiring…
Misleading Statements to Customers to Transfer Their Assets Lead to Prosecution of Boston-based Investment Adviser
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…
Form ADV Part 2 Proposed Amendments
Michelle L. Jacko wrote a Legal Tip titled Form Adv Part 2 Proposed Amendments in June, 2008.… Read More