{"id":1074,"date":"2021-02-08T17:28:07","date_gmt":"2021-02-08T17:28:07","guid":{"rendered":"http:\/\/localhost\/?p=1074"},"modified":"2021-02-09T18:01:38","modified_gmt":"2021-02-09T18:01:38","slug":"adv-season-is-here-compliance-resources-for-brokers-and-rias-dont-forget-your-cpo-annual-affirmations-sec-creates-5-year-sandbox-for-bd-custody-of-digital-assets","status":"publish","type":"post","link":"https:\/\/bdia.pli.edu\/index.php\/2021\/02\/08\/adv-season-is-here-compliance-resources-for-brokers-and-rias-dont-forget-your-cpo-annual-affirmations-sec-creates-5-year-sandbox-for-bd-custody-of-digital-assets\/","title":{"rendered":"ADV Season is Here; Compliance Resources for Brokers and RIAs; Don\u2019t Forget Your CPO Annual Affirmations; SEC Creates 5-Year \u201cSandbox\u201d for BD Custody of Digital Assets"},"content":{"rendered":"<p>February Regulatory Updates from\u00a0<a href=\"https:\/\/www.hardincompliance.com\/team\/cari-a-hopfensperger\/\">Cari Hopsfenperger<\/a>\u00a0at Hardin Compliance Consulting LLC.<\/p>\n<p>Topics include:<\/p>\n<ul>\n<li><a href=\"https:\/\/www.sec.gov\/news\/press-release\/2020-340\" target=\"_blank\" rel=\"external noopener noreferrer\" data-wpel-link=\"external\"><strong>Custody of Digital Asset Securities by Special Purpose Broker-Dealers<\/strong><\/a><\/li>\n<li><a href=\"https:\/\/www.iard.com\/filingonline\" target=\"_blank\" rel=\"external noopener noreferrer\" data-wpel-link=\"external\"><strong>Annual Amendments to Form ADV and CRS Due March 31, 2021<\/strong><\/a><\/li>\n<li><a href=\"https:\/\/www.finra.org\/sites\/default\/files\/2020-10\/Regulatory-Notice-20-38.pdf\" target=\"_blank\" rel=\"external noopener noreferrer\" data-wpel-link=\"external\">Brokers Named as Beneficiary or Holding a Position of Trust on Behalf of Customers<\/a><\/li>\n<li><a href=\"https:\/\/www.federalregister.gov\/documents\/2020\/07\/08\/2020-12607\/registration-and-compliance-requirements-for-commodity-pool-operators-and-commodity-trading-advisors\" target=\"_blank\" rel=\"external noopener noreferrer\" data-wpel-link=\"external\"><strong>Reminder: Background Check Rules Now Apply to Funds Reaffirming Rule 4.13 Exemption<\/strong><\/a><\/li>\n<li><a href=\"https:\/\/www.sec.gov\/news\/press-release\/2020-321\" target=\"_blank\" rel=\"external noopener noreferrer\" data-wpel-link=\"external\"><strong>Robinhood Failed to Disclose True Cost of Commission-Free Trades to Customers<\/strong><\/a><\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.hardincompliance.com\/blog\/regulatory-updates\/adv-season-is-here-hardin-releases-2021-compliance-resources-for-brokers-and-rias-dont-forget-your-cpo-annual-affirmations-sec-creates-5-year-sandbox-for-bd-custody-of-di\/\">Read the full update here.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>February Regulatory Updates from\u00a0Cari Hopsfenperger\u00a0at 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 &hellip; <a href=\"https:\/\/bdia.pli.edu\/index.php\/2021\/02\/08\/adv-season-is-here-compliance-resources-for-brokers-and-rias-dont-forget-your-cpo-annual-affirmations-sec-creates-5-year-sandbox-for-bd-custody-of-digital-assets\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">ADV Season is Here; Compliance Resources for Brokers and RIAs; Don\u2019t Forget Your CPO Annual Affirmations; SEC Creates 5-Year \u201cSandbox\u201d for BD Custody of Digital Assets<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":90,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[23,24,21,22],"tags":[],"class_list":["post-1074","post","type-post","status-publish","format-standard","hentry","category-compliance","category-enforcement","category-regulatory","category-standard-of-care"],"aioseo_notices":[],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/bdia.pli.edu\/index.php\/wp-json\/wp\/v2\/posts\/1074","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bdia.pli.edu\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bdia.pli.edu\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bdia.pli.edu\/index.php\/wp-json\/wp\/v2\/users\/90"}],"replies":[{"embeddable":true,"href":"https:\/\/bdia.pli.edu\/index.php\/wp-json\/wp\/v2\/comments?post=1074"}],"version-history":[{"count":0,"href":"https:\/\/bdia.pli.edu\/index.php\/wp-json\/wp\/v2\/posts\/1074\/revisions"}],"wp:attachment":[{"href":"https:\/\/bdia.pli.edu\/index.php\/wp-json\/wp\/v2\/media?parent=1074"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bdia.pli.edu\/index.php\/wp-json\/wp\/v2\/categories?post=1074"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bdia.pli.edu\/index.php\/wp-json\/wp\/v2\/tags?post=1074"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}