The Office of the Investor Advocate of the U.S. Securities and Exchange Commission (“SEC”) recently released a report about the SEC staff’s study of mandatory arbitration clauses in investment advisory client agreements used by investment adviser firms registered with the SEC.
October 27, 2020
Best Practices to Reduce the Risk of Arbitration and Litigation
On Thursday, October 22, 2020 at 12:00 PM CDT, RIA Compliance Consultants, Inc. will host a compliance training webinar entitled, “Best Practices to Reduce the Risk of Arbitration and Litigation.” RCC is excited to have representatives from Unitifi and Lockton Affinity serve as panelists on this webinar. Patrick Griffin, an attorney from Kutak Rock, will also serve as a panelist during this discussion.
June 04, 2013
The Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank Act”), which was signed into law on July 21, 2010, provides the U.S. Securities and Exchange Commission (“SEC”) with the authority under the Investment Advisers Act of 1940 to prohibit or impose conditions upon the use of pre-dispute, mandatory arbitration clauses within investment advisory client agreements.
November 06, 2009
Here’s our update regarding proposed changes to the regulation of investment advisers.
June 20, 2009
As noted in the proposal, “Financial Regulatory Reform: A New Foundation,” released by the U.S. Treasury Department earlier this week, the Obama Administration is calling for legislation to be passed giving the U.S. Securities and Exchange Commission (“SEC”) clear authority to prohibit the use of mandatory arbitration clauses by broker-dealers and registered investment advisers with retail customers.