“If you’re going to save this industry, you’re going to have to do a 180-degree turn"
The SEC gives the nod of approval for an investment adviser and its affiliated IA to create one form
Testimonials “will lead to a race to the bottom - once the market is opened to these types of endorsements, investor confusion will increase dramatically"
The World Health Organization has described the newly dubbed COVID-19 virus as a “very grave threat”
Compliance "officers remain concerned that their good faith efforts and well-intentioned conduct may be punished"
OCIE examiners “expected us to have records of all of these reviews” for first party SLOAs
A 'hire me' conversation "on the golf course, at social gatherings or while running errands" could force delivery of your Form CRS
The financial services industry and a watchful market determining how best to react
OCIE hopes "these observations" will spur you "to reflect on their own cybersecurity practices”
If “done incorrectly,” a compliance consultant’s work “can inadvertently chart a detailed course for SEC enforcement staff to air” a firm’s “‘dirty laundry’"