Compliance
Electronic Delivery of New Form ADV Part 2
- Details Category: Registered Investment Advisors
As your investment adviser firm is getting ready to deliver the new Form ADV Part 2 to its investment advisory clients, you may be considering electronic delivery as an option.
The U.S. Securities and Exchange Commission (“SEC”) will permit an investment adviser to deliver the Form ADV Part 2 electronically; however, certain conditions must be met. The following are some of the key requirements.
SEC Open To Extending RIA State Registration Deadline To Early Next Year
- Details Category: Registered Investment Advisors
Given the gray areas that still remain around which RIAs need to transfer to state supervision and which will remain with the SEC -- assuming that the SEC will still supervise advisors -- the deadline for state registration will probably move up.
Huntington Beach Advisor Accused Of Gross Inflation Of AUM
- Details Category: Books & Records
The SEC has charged a Southern California advisor -- apparently not quite eligible to be a true nationally registered RIA -- of telling his clients and the regulators that he had almost $1.5 billion more under management than he really did.
Private Placement Crackdown Spreads Beyond Securities America
- Details Category: Registered Reps
More fines for firms and individual brokers who sold the investment products that ended up dragging Securities America into the courts and eliminated other broker-dealers entirely.
First Reg S-P Fines Highlight How Seriously The SEC Is Taking The Confidentiality Of Client Data
- Details Category: Books & Records
In a landmark settlement against a defunct Florida firm, the SEC has effectively served notice to the industry that the rules surrounding client data are strict and will be enforced under all circumstances.
