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Heather Ayers

Heather Ayers, Publisher | 202-908-6194 | Heather has been the publisher of Regulatory Compliance Watch since 2008. She 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). She has worked at newspapers, in television news and in healthcare journalism. Heather hails from New Jersey, earned her master's degree from Northwestern University and enjoys playing guitar, working out and traveling.
A broker can deal with securities related to the ownership of a privately-held company without having to register as a broker-dealer.
This no-action letter from the SEC's Division of Trading & Markets in 2014 concerns a broker effecting securities transactions in connection with the transfer of ...
This CFTC rule makes technical amendments to the Commission’s regulations that correct cross-references to regulations administered by the Financial Crimes Enforcement Network (FinCEN), a bureau ...
A fast look: The SEC expects that advisers will produce truthful ads. Trouble can come if a firm puts out false or misleading marketing.   ...
1. In your ad reviews, search for the use of superlatives. Hunt for terms and phrases, such as “superior performance,” “guaranteed” and other language you ...
2. Use objective, non-performance based criteria to select when selecting past-specific recommendations otherwise you risk creating a misleading ad. More
3. Deploy a marketing checklist to ensure pieces were reviewed properly. Have the marketing person who will provide the presentation sign off on the checklist ...
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