RIA Compliance Consultants
Blog
 
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
Contact Us

Online Invoice Payments
Newsletter Signup
Speaker Request
Resources
Job Openings
Search Our Site
Disclosures
(877) 345-4034 		Blog

Monthly Archives September 2007

SEC Files Cease-and-Desist Order Against an Investment Adviser for Failure to Disclose Referral Fees

On September 25, 2007, the U.S. Securities and Exchange Commission (“SEC”) filed a cease-and-desist order against an investment adviser for its failure to disclose that the investment adviser’s president received payments from a security issuer that the investment adviser recommended to its clients. According to the SEC, the investment adviser described itself as a “fee-only” [...]

 
Posted by Bryan Hill
Wednesday, September 26, 2007
Labels: Enforcement, Form ADV

 

SEC Issues Cease and Desist Proceedings for Failing to Allow SEC Staff to Examine Business Records

On September 24, the U.S. Securities & Exchange Commission (SEC) issued an order instituting administrative and cease-and-desist proceedings against a registered investment adviser for refusing to produce or allow for the inspection of the firm’s advisory business. In the Matter of Amaroq Asset Management, LLC and Dwight Andree Sean Oneal Jones (Investment Advisers Act of [...]

 
Posted by Bryan Hill
Tuesday, September 25, 2007
Labels: Enforcement, Form ADV

 

SEC Announces CCOutreach Registration

On September 19, 2007, the U.S. Securities & Exchange Commission (SEC) announced it is now taking reservations for the CCOutreach National Seminar which will be held November 14 at the SEC’s national headquarters in Washington, D.C. According to the SEC, the CCOutreach program is intended to help mutual fund and investment adviser Chief Compliance Officers [...]

 
Posted by Bryan Hill
Tuesday, September 25, 2007
Labels: Uncategorized

 

SEC Issues Cease-and-Desist Order for Incomplete Disclosure of a Conflict of Interest

Once again the U.S. Securities and Exchange Commission (“SEC”) issued a cease-and-desist order against a registered investment adviser for incomplete disclosure of a conflict of interest in violation of Section 207 of the Investment Advisers Act of 1940. In the Matter of Callen Associates (Rel. IA-2650/Sept. 19, 2007; File No. 3-12808), the SEC alleges that [...]

 
Posted by Bryan Hill
Saturday, September 22, 2007
Labels: Conflict of Interest, Enforcement, Form ADV

 

Results from SEC’s Inspection of "Free Lunch" Seminars

The United States Securities and Exchange Commission (“SEC”), North American Securities Administrators Association (“NASAA”) and Financial Industry Regulatory Authority (“FINRA”) released the findings from their recent joint inspection of “free lunch” seminars targeted at seniors. Based on the findings by these securities regulators, there are several valuable lessons for those financial professionals that are currently [...]

 
Posted by Bryan Hill
Wednesday, September 12, 2007
Labels: Uncategorized

 

SEC Chair Previews Results of "Free Lunch" Seminar Exams

During recent testimony before the U.S. Senate’s Special Committee on Aging, United States Securities and Exchange Commission (“SEC”) Chairman Christopher Cox offered a preview of the results from the SEC’s targeted exams of financial firms that sponsor “free lunch” seminars in advance of the full release next week at the SEC’s “Senior Summit”. The following [...]

 
Posted by Bryan Hill
Thursday, September 6, 2007
Labels: Advertising, Equity-Indexed Annuities, SEC

 

New Hampshire Waives the Series 65 Exam Requirement for Solicitors

Under House Bill 889, the State of New Hampshire recently amended its Uniform Securities Act (RSA 421-B:2) to exempt an individual, who is an investment adviser or investment adviser representative and conducting investment advisory business solely as a solicitor, from the Series 65 examination requirement. Although there is now a statutory provision permitting the wavier [...]

 
Posted by Bryan Hill
Monday, September 3, 2007
Labels: Solicitors

 

Senate Hearing Scheduled Regarding “Free Lunch” Seminars for Seniors & Professional Designations

The United States Senate Special Committee on Aging will hold a hearing entitled as “Advising Seniors About Their Money: Who Is Qualified – and Who Is Not?” on Wednesday, September 5, 2007 at 2:00 p.m. EST. If interested in hearing the webcast, you should visit the website of the Special Committee on Aging. Joseph P. [...]

 
Posted by Bryan Hill
Saturday, September 1, 2007
Labels: Advertising, Equity-Indexed Annuities

 
  

Turnkey Investment Advisor Registration Service

Starting an RIA?

Utilize our expertise to leverage your time while growing your new business.
Request a Proposal

Annual Investment Advisor Compliance Program

Need help implementing an ongoing and comprehensive compliance program?

Outsource the heavy lifting by partnering with industry experienced professionals.
Request a Proposal

TwitterLinkedINFacebookYouTube

Subscribe to this Feed

 
 
Easy-to-Read Instructions

* 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.
Online Invoice Payments
Newsletter
Speaker Request
Investment Advisor Resources
Job Openings
Search
Disclosures
Site Map
Link to RIA Compliance Consultants, Inc.