Broker Dealer Regulation | FINRA Rule Changes | GIPS | Investment Adviser Regulation | Mutual Fund Regulation | Mutual Funds | Private Funds | Regulatory Deadlines | SEC Rule changes

DOL Weighs In With Cybersecurity Guidance, FINRA Issues Reminders on Options and Predispute Arbitration Agreements, NASAA Releases Annual State Advisers Report, Cayman Extends CRS Compliance Form Deadlines: Regulatory Update for June 2021

DOL issues Cybersecurity Guidance.  On April 14, 2021, the U.S. Department of Labor (“DOL”) Employee Benefits Security Administration (“EBSA”) issued cybersecurity guidance directed towards ERISA plan sponsors and ERISA fiduciary…

Broker Dealer Regulation | CFTC | Conflicts of Interest | ERISA | FINRA Rule Changes | Investment Adviser Regulation | Mutual Fund Regulation | Private Funds | Regulatory Deadlines | SEC Rule changes

DOL Fiduciary Rule Rises Again, Regulatory Freeze Continues, March Madness – NCAA Players Scammed: Regulatory Update for March 2021

Not Quite Dead Yet – DOL’s Fiduciary Rule Rises Again! On December 18, 2020, the Department of Labor (DOL) adopted Prohibited Transaction Exemption 2020-02 (“PTE 2020-02”), subjecting 401(k) rollover subject…

Advertising and Marketing | Broker Dealer Regulation | ERISA | FINRA Rule Changes | Investment Adviser Regulation | Mutual Fund Regulation | Private Funds | Regulation Best Interest | Regulatory Deadlines | SEC Rule changes

SEC (Finally) Modernizes Advertising and Solicitation Rules; NY Requires IAR Registration; DOL’s New Rule Eliminates ESG from Investment Decisions; SEC to Take Second Crack at Broker-Dealer Reg BI Compliance: Regulatory Update for January 2021

At Long Last – SEC Modernizes the Advertising and Solicitation Rules!  Cramming it in just before the end of 2020, the SEC adopted a new rule to replace the existing…

Broker Dealer Regulation | Chief Compliance Officer | FINRA Rule Changes | Form CRS | Hedge Funds | Investment Adviser Regulation | Mutual Fund Regulation | Private Funds | Regulation Best Interest | Regulatory Deadlines | SEC Rule changes

Form CRS Roundtable Take-aways, Commissioner Peirce Talks Turkey on CCO Liability, New Executive Order Prohibits Investments Related to Chinese Military, OCIE Cites Top Compliance Program Failures and Risks of Branch Offices: Regulatory Update for December 2020

What We Learned from the Regulation BI and Form CRS Roundtable. The recent joint SEC/FINRA Roundtable on Regulation Best Interest (“BI”) and Form CRS provides insight and guidance for firms…

Advertising and Marketing | Broker Dealer Regulation | Conflicts of Interest | cybersecurity | FINRA Rule Changes | Investment Adviser Regulation | Mutual Fund Regulation | Private Funds | Regulatory Deadlines | SEC News | Seniors and Vulnerable Investors

Ransomware Attacks! SEC Creates New Hoops for Advisers with Automated Proxy Voting; and Private Fund Conflicts Still Under the Microscope: Regulatory Update for August 2020

RANSOMWARE ATTACKS! Is Your Firm Ready?  OCIE issued a risk alert warning investment advisers, broker dealers, and investment companies that increasingly sophisticated ransomware attacks are being carried out on many…

Broker Dealer Regulation | Business Continuity | Conflicts of Interest | Custody | cybersecurity | Form ADV | Investment Adviser Regulation | Mutual Fund Regulation | Private Funds | SEC News

COVID-19 Tests Firms’ BCP Efforts and Regulators Step Up with Relief; Conflicts of Interest and Custody Rule Stay on SEC’s Radar Screen, and Resources for Dealing with the Pandemic: Regulatory Update for April 2020

Like many businesses and families, we at Hardin remain concerned about the COVID-19 pandemic and its impacts to our clients, employees and the larger global community that connects us.  We…

Conflicts of Interest | Form ADV Disclosure | Form CRS | GIPS | Investment Adviser Regulation | Mutual Fund Regulation | NFA | Regulatory Deadlines | SEC News

SEC Enforcement Report Comes Down Hard on Advisers; Your Chance to Sound Off About the SEC’s Proposed Advertising & Cash Solicitation Rule Changes; Mutual Funds Placed on SEC’s Naughty List; Year-End Reminders: Regulatory Update for December 2019

SEC Declares Victory for 2019 Despite all Obstacles: Division of Enforcement Publishes Annual Report for Fiscal Year 2019. Starting with the usual self-serving statements about the Commission’s success in punishing…

cryptocurrency | FINRA Rule Changes | Mutual Fund Regulation | Privacy

OCIE Lists Privacy Blunders; SEC Explains When Digital Assets become Securities; Ohio Mandates IARs and RR to Report Elder Abuse; FINRA Gives Broker an “F” in Email Review; and Google Searches Don’t Count as Due Diligence

Reg S-P Compliance Violations Spelled out by SEC: OCIE reviewed two years of deficiency letters and came up with a list of the most common Regulation S-P compliance issues.  The…

12b-1 Fees | 529 plans | cryptocurrency | Custody | FINRA Rule Changes | Mutual Fund Regulation | Private Funds | Regulatory Deadlines | SEC News | SEC Rule changes

SEC Asks for Help Understanding Digital Assets and Custody Rule, FINRA Issues FAQs on 529 Self-Reporting Request, New Testing for Swap Traders and 79 Firms Settle with SEC in Share Class Initiative

IA Watch Webinar on Real-Life Lessons on BCPs with Jill Grenda, Managing Director at Hardin Compliance Consulting:  Don’t miss IA Watch’s FREE webinar, Real-Life Lessons Learned from Peers Who’ve Had…

CFTC | Chief Compliance Officer | cryptocurrency | Mutual Fund Regulation | Mutual Funds | Regulatory Deadlines

Advisers Fall Short on Referral Arrangements, Mutual Fund Exams Planned, Updates to Annual and FOCUS Reports Finalized, and Compliance Program Fails: Regulatory Update for December 2018

Photo by Clever Visuals on Unsplash Risk Alert – Investment Adviser Compliance Issues Related to the Cash Solicitation Rule: The Office of Compliance Inspections and Examinations (“OCIE”) issued a Risk Alert with a…