As the regulatory and legal landscape applicable to the financial services industry continues to go through unprecedented changes, Core Compliance will stay on top of the latest developments and, through this page, provide updates and practical considerations for complying with … Read More
In July, the U.S. Securities & Exchange Commission (“SEC”) announced much-anticipated revisions to Form ADV Part 2 (the “Disclosure Brochure”), requiring investment advisers to provide clients and prospective clients with narrative, “Plain English” disclosures of the adviser’s business practices, investment … Read More
The de minimis exemption lets an investment adviser work with a small number of clients in a state without registering there. Under Section 222(d) of the Investment Advisers Act of 1940, a state generally cannot require an adviser to register … Read More
CEO Michelle Jacko’s article, “Legal and Regulatory Considerations for Going Independent,” was published by Charles Schwab in September 2007.