Advisory Agreements

The Investment Advisers Act of 1940Section 205 -- Investment Advisory ContractsCompensation, assignment, and partnership-membership provisions. No investment adviser, unless exempt from registration pursuant to Section ...

Last week, Charles Schwab & Co. decided to settle its long-running battle against FINRA over whether language in agreements prohibiting customers from joining class-action lawsuits ...

The text of H.R. 2998, The Investor Choice Act of 2013, finally appeared last week. The bill would prohibit mandatory arbitration clauses in both investment ...

Last week NASAA joined the fight by FINRA to reverse a hearing panel's approval of use of an arbitration clause banning class-action lawsuits (IA ...

This is an example of an investment advisory agreement between a firm and a client. This stems from a 2013 lawsuit against the RIA Comprehensive ...

A peer shares the authorization form the firm uses to get permission from a client to publish her name.

Click here to open a Word file that is an example of a client authorization form to be included in firm newsletters and its website. ...

A new study by Massachusetts securities officials finds that nearly half of all investment advisers in the Commonwealth have binding pre-dispute arbitration clauses in their ...

The CCO at a dually registered firm opened the deficiency letter following a recent SEC exam to find a surprising demand: Remove the mandatory arbitration ...

The staff recently was asked for its views on the following situation: a fund had separate administration and advisory agreements and its board wanted to ...