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Carl Ayers

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Carl Ayers Carl Ayers, Publisher | 202-908-6194 | cayers@regcompliancewatch.com Carl has been the publisher of Regulatory Compliance Watch since 2008. He has won several national journalism awards, including for investigative reporting. In 2018, Ayers won two awards - a second place award for Best Spot News for a story reporting Form ADV developments ahead of the SEC (IA Watch, July 6, 2017), and a third place award for Best Investigative Reporting for a series on an adviser that initially fought SEC charges (IA Watch, July 27, 2017). He has worked at newspapers, in television news and in healthcare journalism. Carl hails from New Jersey, earned his master's degree from Northwestern University and enjoys playing guitar, working out and pursuing golf.
"Our firm offers both discretionary advisory services (where our firm makes the decision regarding the purchase or sale of investments) as well as non-discretionary services ...
A policy for a fundamental compliance duty
"The “wrap fee” paid by the client to the sponsor, which includes the fee for advisory services provided by CRMC is generally based on a ...
"Most often, we provide our services to you through an intermediary, such as a private wealth adviser or a wrap fee program sponsor with whom ...
"For free and simple tools to research our firm and representatives, please visit Investor.gov/CRS."
"When we act as your investment adviser, we have to act in your best interest and not put our interest ahead of yours. At the ...
"You also pay other fees and costs, directly or indirectly, related to our advisory services. These fees vary greatly based on your choice of account, ...
"We review the assets of client accounts on a continuous basis to ensure they are being managed consistently with the applicable investment strategy. A limitation ...
"If you participate in a wrap program, the wrap fee you pay to the Sponsor will not include Trading Costs if we 'trade away,' or ...
"When FMR serves as subadviser, you do not directly pay a fee to us. Instead, as compensation for our discretionary subadvisory services, we receive a ...
"WCMT principals will interview the client and gather documents from the client to allow the firm to identify the client’s ultimate financial goals"
"we offer our services in wrap fee advisory programs sponsored by unaffiliated financial advisors, broker-dealers, financial planners and banks"
"We will not implement or change your investment strategy without getting your approval"
"we are adopting an expedited review process for routine applications, an informal internal procedure for applications that would not qualify for the expedited process, and ...
Four new or modified FAQs restate the Commission's regulatory relief for advisers due to the coronavirus
The Commission’s risk assessment program will continue to focus on those broker-dealers and affiliates that conduct a substantial securities business and thus are in a ...
FAV’s compliance department discovered the breaches of the limits in Section 12(d)(1)(A)
Tannen negligently disregarded that the Brokers would be conducting unauthorized trades in these customer accounts. Tannen was compensated $20,000 for his actions
Why now? The proposal states that “the regulatory landscape has changed as other regulators, including the SEC, have adopted enhanced conduct standards for financial services ...
This same FAQ reminds that the purpose of the form is disclosure and not marketing
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