Individuals who perform “municipal advisory activities, such as providing financial advice to state and local governments on municipal bond issuances” may soon be required to be licensed by passing a basic competency exam. During their recent quarterly board meeting, the … Read More
It’s no secret that 2014 was the “year of the hacker”. Huge companies like JP Morgan and Apple were the victims of cybersecurity breaches that affected thousands of consumers. In an effort to reduce these attacks, both the Securities … Read More
In the last Core Compliance blog post, we highlighted our 2015 Compliance Predictions, shortly before the Securities and Exchange Commission (“SEC”) released the National Examination Program’s priorities for 2015. The list, which is relatively short compared to previous years’, … Read More
Happy New Year! With 2014 behind us and 2015 charging full steam ahead, the Core Compliance team wants to share a few of our 2015 compliance predictions. Increase Use of Technology Based on 2014’s results, we believe the Securities and … Read More
December 2014 “In the past few years, the Securities and Exchange Commission (“SEC”) has taken a tougher stance against recidivist behavior by registered investment advisory firms (“RIAs”). Recidivism refers to occurrences where an RIA has not corrected deficiencies noted in … Read More
Last week the Securities and Exchange Commission’s (“SEC”) Division of Investment Management issued new guidance on proxy voting in the form of a Legal Bulletin (the “Bulletin”) containing, thirteen (13) frequently asked questions. The guidance reiterates the importance of an … Read More
On February 3rd, 2014, the Securities and Exchange Commission (“SEC”) released a draft version of the Strategic Plan for public comment through March 10th. The plan outlines the SEC’s strategic goals for the years 2014 through 2018.
