Carl Ayers
This is a copy of OCIE's 2015 letter announcing its ReTIRE Initiative that will exam some IAs and B-Ds.
National exam staff intends to focus on certain registered investment advisers and broker-dealers that provide services or sell investment products to retail investors. Examination focus ...
An initial sign of potential trouble for a firm under SEC examination is the relationship between business/operations and legal/compliance, said Jina Choi, regional director of ...
Many CCOs have heard the protestations from marketers. “That ad didn’t need to be run through compliance first because the materials would go to only ...
If you’re an adviser to a mutual fund, a big takeaway from the SEC’s June 17 settlement with Commonwealth Capital Management ($18M in AUM) of ...
The June 12th Federal Register contained those two new SEC proposals affecting Form ADV and mutual fund reporting changes. The publication starts the clock for ...
In an attempt to temper the tempest stirred by last February’s SEC Division of Investment Management guidance on registered fund gifts and entertainment (IA Watch, ...
The story features a veteran from Illinois and his wife who saved their money for more than four decades, investing it at Vanguard ($3T in ...
The CFTC has continued the recent onslaught of “no-action” letters exempting certain entities from its rules. This time, the new “no-action” letter states that “international ...