Core Compliance Blog Spotlight

SEC Proposes Amendments to OTC Securities Quotations

Over the past several years, The Securities and Exchange Commission (“SEC”) has brought hundreds of enforcement actions over violations of federal securities involving over-the-counter (OTC) securities, resulting in tens of millions in harm to retail investors. In an effort to increase retail... Read More
Core Compliance Blog Spotlight

SEC Charges Investment Advisers for Failing to Disclose Conflicts of Interest

Strategic Planning Group (“SPG”) agreed to settle charges with The Securities and Exchange Commission (“SEC”) for failing to disclose a conflict of interest by consenting to a cease-and-desist order, censure, and civil penalties of $200,000. Its principals, David A. Rourke and Jarrod A. Sherman... Read More


April 28, 2016

What is Ransomware?

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SEC Held Compliance Outreach Program for Investment Advisers and Investment Companies

April 21, 2016

On April 19, 2016, the Securities and Exchange Commission (“SEC”) held their National Compliance Outreach seminar, which covered a number of topics, including:

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SEC Chair White Requests Additional Resources for Expanding Oversight of Investment Advisers

April 14, 2016

During her testimony to the U.S. Senate Subcommittee on Financial Services and General Government Committee on Appropriations, Chair White outlined the SEC’s top priorities for allocating the additional funding requested under their fiscal year 2017 (October 1, 2016, through September 30, 2017)...

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New DOL Conflicts of Interest Rule Has Arrived

April 08, 2016

On April 6, 2016, the Department of Labor’s (“DOL”) proposed rule expanding the definition of the term “fiduciary” and addressing certain conflicts of interest was adopted and published (the “DOL Conflicts Rule”). While the final rule is not as extensive as the one proposed in April 2015, this new...

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Robo-Advisors Come Under SEC Scrutiny

April 01, 2016

During a speech given yesterday at the SEC-Rock Center for Corporate Governance, Securities & Exchange Commission (“SEC”) Chairperson Mary Jo White discussed how the SEC’s National Exam Program are examining robo-advisors for adherence to requirements under the Investment Advisers Act of 1940...

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SEC Announces Creation of Office of Risk and Strategy

March 16, 2016


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Investment Adviser Sanctioned by SEC for Miscalculating Advisory Fees on Margin Accounts

March 04, 2016


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Fraudulent Disbursement Requests

February 25, 2016


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Annual Privacy Notice Delivery Exception

February 17, 2016


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It's Form ADV Season Again!

February 12, 2016


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