Core Compliance Blog Spotlight
Core Compliance Blog Spotlight
A COVID Vaccination Isn’t the Only Way to Help Seniors and Provide Immunity for Employees
If Willie Sutton were alive today, he might be targeting seniors instead of robbing banks. Why? Because that’s where the money is. An ongoing and rapid increase in the size of the nation’s 65-and-over population and the disproportionate wealth among older generations have combined to create a petri... Read MoreSEC Chair Gensler Foreshadows an Iron-Fisted Approach to Investor Protection at FINRA Annual Conference
June 16, 2021
The 1,700 market participants who heard new U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler’s remarks at the remote annual meeting of the Financial Industry Regulatory Authority (FINRA) on May 20, 2021, came away with a clear vision for the regulators’ top priority this year.
Read MoreWhen it comes to the preparation and submission of required annual documents to the U.S. Securities and Exchange Commission (SEC), few regulatory filings demand the level of meticulous care that investment advisory firms must use in completing Form ADV. It takes years to build a sterling...
Read MoreSEC Accuses Race Car Aficionado of Bilking Investors out of $38 Million to Fund Lavish Lifestyle
May 13, 2021
Recent action brought by the U.S. Securities and Exchange Commission (SEC) against Miami-based hedge fund manager Andrew T. Franzone offers another cautionary tale about the need for investors to perform a high level of due diligence when dealing with private placement memorandums (PPMs) and the...
Read MoreIn its recently issued annual report on state-registered investment advisers, the North American Securities Administrators Association (NASAA) was straightforward about the steps it believes advisers should be taking to create a culture of compliance in today’s rapidly changing regulatory...
Read MoreMany investment advisers eagerly await the new opportunities created by the SEC's New Marketing Rule. With a mandatory effective date of November 4, 2022, many advisers have begun to take steps to explore how they can change their marketing efforts today. To this end, an overwhelming number of...
Read MoreSteps Advisers and Investors Can Take to Protect Against Potentially Fraudulent Investments in a Post-Madoff World
March 12, 2021
Almost 12 years have passed since Bernie Madoff was sentenced to 150 years in prison with a restitution of $170 billion for perpetrating an elaborate Ponzi scheme that harmed thousands of clients. Widely regarded as the largest fraudulent investment scandal in U.S. history, the Madoff case...
Read MoreTimely Takeaways from Zoom’s Consent Agreement with the FTC over Data Management Practices
March 08, 2021
Firms should take note that information security will remain an area of intense focus this year for the U.S. Securities and Exchange Commission’s (SEC) Division of Examinations (the Division or EXAMS), formerly known as the Office of Compliance Inspections and Examinations (OCIE).
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