On October 7, 2013, the North American Securities Administrators Association (NASAA) released a report summarizing the results of state investment adviser examinations performed by 44 state and provincial securities examiners over the last two years. The report noted the differences … Read More
In a recent enforcement case, the Securities and Exchange Commission (SEC) claimed that a Nebraska-based investment advisory firm, Manarin Investment Counsel Ltd., and its owner, Roland R. Manarin, breached a core fiduciary responsibility. The SEC investigation of Manarin found that … Read More
At the end of each month, Core Compliance & Legal Services, Inc. (“Core Compliance”) publishes a Risk Management Update (RMU), an in-depth article written by one of our staff members on a currently relevant topic in compliance, securities, and investment … Read More
In yet another move to pass a series of regulations required under the 2010 Dodd-Frank Act, the Securities and Exchange Commission (SEC) recently adopted a rule mandating the permanent registration of municipal advisors with the agency. Shortly after the passage … Read More
As federal agencies work towards instituting more regulatory measures from the 2010 Dodd-Frank Act, the Securities and Exchange Commission (SEC) proposed a rule on September 18, 2013, mandated under Section 953(b) of the Act, which details new requirements for compensation … Read More
At the start of September 2013, computer giant Dell Inc. released a series of findings made by three US proxy advisory firms – Institutional Shareholder Services (ISS), Glass Lewis, and Egan Jones – recommending Dell shareholders to support a proposed … Read More
At the end of each month, Core Compliance & Legal Services, Inc. (“Core Compliance”) publishes a Risk Management Update (RMU), an in-depth article written by one of our staff members on a currently relevant topic in compliance, securities, and investment … Read More
August 27, 2013: A new Risk Alert released by the Securities and Exchange Commission’s (SEC’s) Office of Compliance Inspections and Examinations (OCIE) details new considerations for investment advisers in establishing business continuity plans (BCPs) and disaster recovery plans. Focusing specifically … Read More
