March Regulatory Updates from Cari Hopsfenperger at Hardin Compliance Consulting LLC.

Topics include:

• Not Quite Dead Yet – DOL’s Fiduciary Rule Rises Again!
• Regulatory Limbo – Freeze Impacts on RIAs and Investment Companies
• FINRA Publishes 2021 Enforcement Priorities and Exam Findings Report
• FINRA Warns of Risks when Engaging in Low-Priced Securities Business
• CFTC Amends Form CPO-PQR
• Payment for Order Flow Gets Another Broker into Hot Water for Undisclosed Conflicts
• Multiple Disclosure Failures Lead to $18 Million Fine for Wrap Sponsor
• March Madness – RIA Bribed Agents to Recruit NCAA Player Clients
• Heed the Advice of Your CCO

Read more here.

February Regulatory Updates from Cari Hopsfenperger at Hardin Compliance Consulting LLC.

Topics include:

• Custody of Digital Asset Securities by Special Purpose Broker-Dealers
• Annual Amendments to Form ADV and CRS Due March 31, 2021
• Brokers Named as Beneficiary or Holding a Position of Trust on Behalf of Customers
• Reminder: Background Check Rules Now Apply to Funds Reaffirming Rule 4.13 Exemption
• Robinhood Failed to Disclose True Cost of Commission-Free Trades to Customers

Read the full update here.

June Regulatory Updates from Cari Hopsfenperger at Hardin Compliance Consulting LLC.

Topics include:

• Reg BI and Form CRS are here! Now what?
• Did you know that June 15th was World Elder Abuse Awareness Day (WEAAD)?
• Form CRS and the Land of Oz…State considerations for Form CRS
• West Virginia Enacts Senior Safe Legislation
• Temporary Relief extended for In-Person Board Meetings
• Another Adviser Nailed for Inadequate Handling of Material Nonpublic Information
• The Fat Lady Has Not Sung Yet… the SEC Continues its Crusade against “Inadequate Disclosure” of Mutual Fund Fees
• Former RIA COO Barred from Industry

Read the full update here.

June Regulatory Updates from Cari Hopsfenperger at Hardin Compliance Consulting LLC.

Topics include:

• New Jersey Adopts Its Own Senior Safe Legislation
• NASAA 2020 Investment Adviser Section Annual Report
• Notice to Members I-20-20: Coronavirus Update – Relief from Fingerprinting Requirements
• Notice to Members I-20-18:  Amendments to NFA Compliance Rule 2-29 and Related Interpretive Notice Now Effective
• Broker-Dealer Recruiting Tactics Lead to Reg S-P Violations
• “May” I? No, You “May” Not!  SEC Settles with Private Equity Adviser with Conflicted Expense Reimbursements
• Whoops!  I Did It Again!  Adviser Fails to Learn from Mistakes, Blows up Fund
• Five Million Reasons Why Wrap Fee Transparency is Important
• Mutual Fund Manager Misprices Odd Lot Bonds, Overstates NAV and Related Performance

Read more here