SEC IA Ad Rule

New risk alert tackles marketing rule compliance

Risk alert identifies shortcomings in advisers' P&Ps which "resulted in gaps for preventing violations of the marketing rule, books and records rule, or both"

Five advisers settle ad violations

The resounding message is don't advertise hypothetical performance on your public websites

Failure to take ad audience into consideration costs adviser

Bradesco disseminated hypothetical performance in advertisements to a mass audience rather than presenting hypothetical performance relevant to the likely financial situation and investment objectives of the intended audience

Adviser agrees to pay $30k for web advertisements not meeting new rule

Credicorp failed to adopt and implement policies and procedures reasonably designed to ensure that the performance was relevant to the likely financial situation and investment objectives of the intended audience

THE LATEST

COMPLIANCE TOOLBOX

About this page

A new SEC investment adviser advertising rule is now in place. The new rule opens the gates to a wider use of social media by advisers, permits the use of testimonials and endorsements, sets requirements around disclosures and establishes standards when using performance or hypothetical advertising, among other changes. The new rule affects private fund advisers as well. This editorial tent-pole collects in one place all that you’ll need to comply with the new rule.

WEBINARS/VIDEOS

rcw
rcw

Copyright PEI Media

Not for publication, email or dissemination