Navigating the Regulatory Maze for Investment Advisors - Blog archives : Registered Investment Advisor (RIA) Compliance Consultants

Home

About Us

Our Services

	IA Registration
	Annual Compliance for New IA
	Switch from SEC to State
	Code of Ethics
	Customized Compliance Program

Compliance Webinars

	Upcoming Webinars
	Recorded Webinars

Blog

Navigating the Regulatory Maze

Frequently Asked Questions

	IA Registration
	Switch from SEC to State
	Series 65 Exam
	Solicitor
	Form 13F
	Written Supervisory Procedures
	Codes of Ethics
	Insurance Agents as IAs
	Wrap Fee Brochures

Compliance Tips

	State IA Registration
	Form ADV Background
	Form ADV Drafting
	SEC Examination

Published Articles

	Online Invoice Payments
	Newsletter Signup
	Speaker Request
	Resources
	Job Openings
	Search Our Site
	Disclosures

Monthly Archives August 2007

California Proposes Amendments to Rules under the Corporate Securities Law of 1968

Earlier this month, the California Department of Corporations announced proposed changes to rules regulating investment advisers registered in California. According to the release, the objective in proposing the amendments is to increase uniformity with the model rules suggested by the North American Securities Administrators Association (NASAA), rules already in effect in other states, and rules [...]

Posted by Bryan Hill

Thursday, August 30, 2007

Labels: Advertising, Code of Ethics, Custody, Form ADV, Solicitors

Attention Investment Advisers Registered in Illinois

Recently the Illinois Securities Department has been requesting investment advisors registered with their office provide additional information regarding disclosures made in the firm’s Form ADV. Requests for additional information have been made not only during the initial registration process but also in response to updates submitted by registered investment advisors with active registration. Additional information [...]

Posted by Bryan Hill

Thursday, August 30, 2007

Labels: Custody, Form ADV

Adoption of Rule 206(4)-8

In July, we told you about an SEC open meeting which would include the discussion of a new anti-fraud rule under Section 206 of the Investment Advisers Act of 1940. The new rule was aimed at advisers to pooled investment vehicles such as hedge funds. Earlier this month, the SEC adopted Rule 206(4)-8 which prohibits [...]

Posted by Bryan Hill

Thursday, August 30, 2007

Labels: Hedge Funds

SEC Initiates Cease-and-Desist Proceeding over Regulation S-P

The United States Securities and Exchange Commission (“SEC”) recently announced the issuance of an Order Instituting Administrative Cease-and-Desist Proceedings against Next Financial Group, Inc. (“Next”) for alleged violations of Regulation S-P (Privacy of Consumer Financial Information). According to SEC Release No. 56316 (August 24, 2007), the SEC alleges that Next violated Regulation S-P by allowing [...]

Posted by Bryan Hill

Wednesday, August 29, 2007

Labels: Enforcement, Privacy

SEC Files Enforcement Action Against Investment Adviser for Misappropriation, Commingling & Pledging Client Assets

Last week, the United States Securities and Exchange Commission (“SEC”) filed an emergency action against a registered investment adviser alleging the following unauthorized acts: pledging of securities owned by clients; placing client funds belonging to segregated client accounts to a “house” account; commingling assets without ability to verify ownership of particular securities; and providing clients [...]

Posted by Bryan Hill

Monday, August 27, 2007

Labels: Enforcement

SEC Settles a Form 13F Filing Violation for a $100,000 Penalty

Earlier today, the United States Securities and Exchange Commission (“SEC”) issued Investment Advisers Act of 1940 Release No. 2634 (August 15, 2007) announcing its settlement with Quattro Global Capital, LLC, a registered investment adviser to a group of hedge funds, for failing to properly file the Form 13F. Under Section 13(f) of the Securities Exchange [...]

Posted by Bryan Hill

Thursday, August 16, 2007

Labels: Enforcement, Form 13F

Washington Securities Division is Scrutinizing Professional Designations that Imply Expertise with Seniors

The State of Washington’s Securities Division is currently seeking comments regarding the possible regulation of professional designations by investment adviser representatives related to senior citizens. It appears that the Washington Securities Division might be following the lead of many other state securities regulators that have expressed concern about the use of a professional designation that [...]

Posted by Bryan Hill

Friday, August 10, 2007

Labels: Advertising



		Starting an RIA? Utilize our expertise to leverage your time while growing your new business.



		Need help implementing an ongoing and comprehensive compliance program? Outsource the heavy lifting by partnering with industry experienced professionals.

Subscribe to this Feed

* RIA Compliance Consultants, Inc. ("RCC") is not a law firm and does not provide legal services. A compliance consulting relationship with RCC is not provided those legal and professional protections that normally exist under an attorney-client relationship. For more information, please visit our Disclosures webpage.

The determination to use a third-party compliance services provider is an important decision and should not be based solely upon advertisements or self-proclaimed expertise. A description or indication of limitation of our compliance services does not mean that an agency or board has certified RCC as a specialist or expert in investment advisor compliance. All potential clients are urged to make their own independent investigation and evaluation of RCC.

Home
About RIA Compliance Consultants, Inc.
Our Services
	Investment Advisor Registration Service
	Annual Compliance for New IA
	Switch an IA from SEC to State
	Code of Ethics
	Customized Compliance Program
Compliance Tips
	Tips for Registering as a State Investment Advisor
	Form ADV Background
	Form ADV Drafting Tips
	SEC Exam Tips

Compliance Webinars
	Upcoming Webinars
	Recorded Webinars
Frequently Asked Questions
	Investment Advisor Registration FAQs
	Switch from SEC to State FAQs
	Series 65 Examination FAQs
	Solicitor Referral Arrangements FAQs
	Form 13F, Schedule 13D & Schedule 13G FAQs
	Schedule H FAQs
	Written Supervisory Procedures
	Codes of Ethics
	Insurance Agents as IAs FAQs
	Wrap Fee Brochures
Published Articles
Blog
Contact RIA Compliance Consultants, Inc.