Carl Ayers
Remember that you have a compliance obligation to obtain an initial and an annual notice from these clients confirming that their SLOA instruction remains valid
The rash of SEC enforcement actions against advisers for marketing mishaps means when Commission staff talk about what not to do, it’s time to listen
It remains a best practice for advisers to produce a written annual review
"It has been an honor of a lifetime to serve with them on behalf of everyday Americans and ensure that our capital markets remain the ...
Understanding the custody rule and its future, marketing mistakes to avoid, the road ahead for private funds and much more
"After all, compliance has costs. There are the actual resources needed to implement effective compliance functions"
This technical amendment reverses some Advisers Act changes due to a federal court disallowing the Commission's private fund rule. This means the annual review is ...
Take these steps and produce 'the most effective annual review that you could do'
Sometimes jumping on the bandwagon too quickly risks falling off
One strategy to defeat similar fraudsters is to send this correspondence to all clients