No Reg BI Extension Despite Health Pandemic
Although COVID-19 has upended many aspects of American life and our economy, the SEC advises that the novel coronavirus will…
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FINRA RULE 2010 AND ALTERING SIGNED CLIENT ACCOUNT FORMS DURING THE CORONAVIRUS PANDEMIC
FINRA rule 2010 is a sweeping provision that mandates brokers and licensed persons subject to FINRA’s jurisdiction maintain “high standards…
Read MoreReminder: Form ADV Annual Amendment Filing Deadline and Potential Relief
This is a reminder to registered investment advisers about the requirements surrounding your Form ADV annual amendment filing. For most…
Read MoreWhat is the California Consumer Privacy Act?
The California Consumer Privacy Act (“CCPA”), which took effect on January 1, 2020, significantly changes businesses’ legal obligations in collecting…
Read MoreForm CRS – What Does it Mean for Registered Investment Advisers
A lot of noise has been made about the new Form CRS, but what exactly does it mean for registered…
Read MoreRIA Alert: SEC’s 2020 Examination Priorities Include Additional RIA Examinations
Each year, the Securities and Exchange Commission (SEC) publishes a list of its examination priorities for the coming year. Similar…
Read MoreWhat is Regulation Best Interest (Reg BI)?
In June 2019, the SEC adopted a new rule under the Securities and Exchange Act of 1934 requiring broker-dealers and…
Read MoreWhat is FINRA? Part 2 – What Does FINRA Do?
In Part 1 of this blog series, we established that FINRA (the Financial Industry Regulatory Authority), formerly known as the…
Read MoreWhat is FINRA? Part 1 – FINRA’s Mission
FINRA (the Financial Industry Regulatory Authority), formerly known as the National Association of Securities Dealers (NASD), is a self-regulated organization…
Read MoreSEC Adopts Best Interest Rule
On Wednesday, June 5, 2019, the Securities and Exchange Commission formally adopted Regulation Best Interest, establishing a new standard of…
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