Remember that you have a compliance obligation to obtain an initial and an annual notice from these clients confirming that their SLOA instruction remains valid
The rash of SEC enforcement actions against advisers for marketing mishaps means when Commission staff talk about what not to do, it’s time to listen
It remains a best practice for advisers to produce a written annual review
Take these steps and produce 'the most effective annual review that you could do'
Sometimes jumping on the bandwagon too quickly risks falling off
One strategy to defeat similar fraudsters is to send this correspondence to all clients
SEC examiners are looking at compliance with newly effective rules, use of technology, cybersecurity, crypto assets and artificial intelligence
“One of the ways that we’re prepping is anyone we think who is an individual that we think might have to report” as a beneficial ...
It can be tempting to use endorsements given that the SEC’s new IA advertising rule now permits them. But be sure to navigate carefully the ...
One of the areas sure to be scrutinized on exam is whether you address compliance issues 'promptly … when identified'