Under Rule 206(4)-7 of the Investment Advisers Act of 1940, Investment Advisers (RIAs) registered with the Securities and Exchange Commission (SEC) are required to conduct an annual review of their compliance program[1]. This review is designed to evaluate whether the … Read More
Its common knowledge in the securities industry that an investment adviser registered with the Securities and Exchange Commission (“SEC”) is required to have a compliance program in place, which must be structured and maintained to prevent violations of applicable federal … Read More
For investment advisers, compliance is more than just a regulatory requirement — it’s a critical safeguard for the firm’s integrity, client relationships, and long-term viability. From the moment a firm registers with the U.S. Securities and Exchange Commission (SEC), it … Read More
The Securities and Exchange Commission (SEC) requires investment advisers to meet certain due diligence requirements before hiring a service provider to perform specific investment advisory services or functions. It’s imperative that RIAs establish and maintain robust vendor due diligence and … Read More
Making the leap to independence as a financial adviser is a bold and exciting decision—one that holds the promise of greater autonomy, the ability to shape your own firm culture, and the potential for increased long-term growth. But as empowering … Read More
Even though there is no specific rule under the Investment Advisers Act of 1940, as amended (the “Advisers Act”) for registered investment advisers to seek best execution when trading on behalf of their clients, most investment advisers understand that this … Read More
As the regulatory landscape continues to evolve, investment advisory and broker-dealer professionals increasingly rely on technology and third-party vendors to meet expanding compliance obligations. Outsourcing compliance functions remains a growing trend, with firms finding specialized expertise, cost efficiency, and enhanced … Read More
The day began for you like any other: you show up to your office at the same time as always. You follow your usual habits and routines as you move through the space to your workstation, the sights, sounds, and … Read More
Maintaining a compliant organization is no small task. With new rules and regulations emerging each year, it’s easy for small oversights – the proverbial “broken windows” – to slip through the cracks. Unfortunately, these minor missteps can snowball into significant … Read More
The U.S. Securities and Exchange Commission (“SEC”) adopted Regulation S-P on November 13, 2000,[1] which is designed to govern the use and protection of consumer non-public personal data by covered financial institutions.[2] The SEC requires, among others, registered investment advisers … Read More