Executive Summary The Securities and Exchange Commission’s Division of Examinations has issued a new Risk Alert highlighting continued and widespread deficiencies in registered investment advisers’ compliance with Rule 206(4)-1 (the … Continue reading SEC Examination Platform Targets RIA Marketing Rule
Overview Artificial intelligence has become the financial industry’s favorite buzzword, but it is also a growing regulatory risk. The Securities and Exchange Commission (SEC) is making it clear that exaggerating … Continue reading AI Washing – Why Regulators Demand Proof, Not Promises from Advisers and Broker-Dealers
As noted in our earlier articles, the Securities and Exchange Commission (“SEC”) adopted reforms under the Investment Advisers Act of 1940 (“Act”) to modernize rules that govern investment adviser advertisements … Continue reading Testimonials and Endorsements – Impact of the New RIA Marketing Rule
As previously noted, the Securities and Exchange Commission (“SEC”) adopted reforms under the Investment Advisers Act of 1940 (“Act”) to modernize rules that govern investment adviser advertisements and payments to … Continue reading Overview of Advertising – Impact of the New RIA Marketing Rule
On December 22, 2020, the Securities and Exchange Commission (“SEC”) finalized reforms under the Investment Advisers Act of 1940 (“Act”) to modernize rules that govern investment adviser advertisements and payments … Continue reading SEC Adopts New RIA Marketing Rule