Category: Custody
12b-1 Fees | Conflicts of Interest | Cross Trading | Custody | Mutual Fund Regulation | Mutual Funds | NFA
Time to Pay Your Dues, Increase Cross Trade Testing and Disclose Your Conflicts: Regulatory Update November 2018
Photo by Matt Seymour on Unsplash Annual Renewal Program for IARD System: Get out your checkbooks! It is time for the annual renewal of investment adviser (IA) firms and their IA representatives’ (IARs)…
Advertising and Marketing | Best Execution | Custody | Mutual Fund Regulation | Mutual Funds | Pay to Play | SEC Examinations
Best Execution Tips, FINRA Impostors, Changes in Liquidity Disclosures for Funds and Pay-to-Play Fines: Regulatory Update for August 2018
OCIE Issues Risk Alert on Best Execution: The SEC’s Office of Compliance Inspections and Examinations (“OCIE”) issued a risk alert to provide investment advisers with information about the most common…
CFTC | Conflicts of Interest | Custody | DOL Fiduciary Rule | FINRA Rule Changes | Hedge Funds | ICO | Municipal Advisors | Mutual Funds | Private Funds | SEC News
SEC Hits Pause Button for ALJs; Updates on Custody Rule; SEC Director Discusses What Makes Cryptocurrency a Security; Mutual Funds Allowed to Save Trees: Regulatory Update for July 2018
SEC Stops All In-House Cases after Defeat in Supreme Court: The SEC enforcement division suffered a blow when the U.S. Supreme Court held that the process for hiring SEC’s administrative…
Best Execution | Custody | FINRA Rule Changes | Form ADV | MiFID II | SEC Examinations
Regulatory Update November 2017
SEC Addresses Impact of MiFID II with Three No-Action Letters: The SEC has issued three no-action letters to help market participants comply with the European Union’s Markets in Financial Instruments…
Advertising and Marketing | Best Execution | Conflicts of Interest | Custody | FINRA Rule Changes | Private Funds | SEC Examinations
Regulatory Update for October 2017
Risk Alert: The Most Frequent Advertising Rule Compliance Issues Identified in OCIE Examinations of Investment Advisers: The Office of Compliance Inspections and Examinations (“OCIE”) shared its list of “Most Frequent…
Custody | FATCA | FINRA Rule Changes
Regulatory Update May 2017
FINRA Provides Regulatory Support to Firms When Addressing Financial Exploitation of Specified Adults: Effective February 5, 2018, new FINRA Rule 2165 will allow firms to exercise discretion in placing a…
Custody | cybersecurity | DOL Fiduciary Rule | Form ADV | IARD | Pay to Play | Regulatory Deadlines | SEC Exam | SEC Examinations
Regulatory Update for March 2017
DOL Fiduciary Rule Status: 60 days of breathing room! The DOL has announced a proposed extension of the applicability date from April 10 to June 9, 2017. OCIE releases Top…
Custody | FINRA Examinations | FINRA Rule Changes | Form ADV Disclosure | SEC News | Strict Liability
Regulatory Update for December 2016
SEC Chair Mary Joe White to Step Down. After nearly four years as head of the SEC, Mary Joe White announced on November 14, 2016 that she intends to leave…
Custody | cybersecurity | FATCA | FBAR | FINRA Rule Changes | SEC Rule changes
Regulatory Update for June 2016
FINRA issue Small Firm Cybersecurity Checklist. Need help in developing your cybersecurity program? FINRA has created a Cybersecurity Checklist to assist small firms in establishing a cybersecurity program. SEC Warns…
Custody | DOL Fiduciary Rule | Mutual Funds | Regulatory Deadlines
Regulatory Update May 2016
DOL Conflicts of Interest Rule and Its Impact on investment advisers. The DOL issued its final Conflicts of Interest Rule, requiring additional disclosures, policies and procedures to advisers providing advice…