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…

Best Execution | Broker Dealer Regulation | CFTC | Conflicts of Interest | FINRA Rule Changes | Form ADV | Investment Adviser Regulation | Mutual Funds | Private Funds | Regulatory Deadlines | SEC Rule changes

ADV Season is Here; Hardin Releases 2021 Compliance Resources for Brokers and RIAs; Don’t Forget Your CPO Annual Affirmations; SEC Creates 5-Year “Sandbox” for BD Custody of Digital Assets: Regulatory Update for February 2021

Custody of Digital Asset Securities by Special Purpose Broker-Dealers. Just in time for Christmas, the SEC issued a Statement conveying its position that, for five years, a broker-dealer operating under…

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…

Broker Dealer Regulation | Investment Adviser Regulation | Mutual Funds | NFA | Private Funds | Regulatory Deadlines | SEC Rule changes

NJ Joins Other States to Protect Seniors, NASAA Warns Smaller Advisers about Cybersecurity Risks, SEC Settles Valuation, Fund Expense & Wrap Fee Actions, and Advice on Returning to the Office: Regulatory Update for June 2020

New Jersey Adopts Its Own Senior Safe Legislation.  New Jersey recently joined Congress, more than 25 other states and FINRA by enacting a new financial exploitation law designed to protect…

Broker Dealer Regulation | Business Continuity | Conflicts of Interest | Custody | cybersecurity | Form CRS | Hedge Funds | Investment Adviser Regulation | Regulation Best Interest | Regulatory Deadlines | SEC News | SEC Rule changes

No Slack for Firms on Compliance with Reg BI and Form CRS; SEC Eases Deadlines and Restrictions on Custody and Mutual Funds, and Disclosure of PPP Loans for Advisers: Regulatory Update for May 2020

SEC Provides Scope and Content of Upcoming Examinations Related to Form CRS.  After June 30, 2020, the Office of Compliance Inspections and Examinations (“OCIE”) plans to examine subject broker-dealers and…

Advertising and Marketing | CFTC | FINRA Rule Changes | Investment Adviser Regulation | Mutual Funds | Private Funds | SEC Rule changes

SEC Agrees to Broaden Exemptions to New Issue and Spinning Rules; Comment Now on SEC Advertising and Cash Solicitation Rule Changes; CFTC Simplifies CPO/CTA Registration Exemptions; Actively-Managed ETFs Clear Regulatory Barrier: Regulatory Update for January 2020

SEC Approves Amendments to FINRA New Issue and Anti-Spinning Rules. See also: FINRA Amends Rules Regarding Initial Public Offerings.  Effective January 1, 2020, FINRA Rules 5130 and 5131 have been…

Conflicts of Interest | cryptocurrency | FINRA Rule Changes | Hedge Funds | Investment Adviser Regulation | Mutual Funds | Private Equity | Private Funds | Regulation Best Interest | SEC News | SEC Rule changes | Seniors and Vulnerable Investors

SEC and FINRA Struggle with Digital Assets; Reg BI Disclosure Duties Explained; RIA’s Fail when Hiring Advisors with Black Marks; and Firms Pay the Price for Employees’ Greed: Regulatory Update for August 2019

Yes, Digital Assets are Securities, but no, We’re Not Ready to Let You Deal in Them Yet. The SEC and FINRA issued a Joint Staff Statement on Broker-Dealer Custody of…

Conflicts of Interest | Form ADV | Form ADV Disclosure | Form CRS | Investment Adviser Regulation | Regulation Best Interest | Regulatory Deadlines | SEC Rule changes

SEC Adopts Broker-Dealer Best Interest Standard, Approves Form CRS and Explains Advisers’ Fiduciary Duty; GIPS 2020 Standards Finalized; Epic Ethics Fail by Large Auditing Firm: Regulatory Update for July 2019

Time to Roll-Up Your Sleeves and Dive into Regulation Best Interest: There are many great resources out there that summarize the newly adopted Securities Exchange Act Rule 15l-1 (“Regulation BI”). …

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…