{"id":858,"date":"2019-01-02T22:20:12","date_gmt":"2019-01-02T22:20:12","guid":{"rendered":"http:\/\/localhost\/?p=858"},"modified":"2019-01-02T22:20:12","modified_gmt":"2019-01-02T22:20:12","slug":"omg-sec-gives-tips-on-im-and-texting-more-advisers-caught-in-12b-1-fee-scandal-and-lessons-learned-from-finra-exams","status":"publish","type":"post","link":"https:\/\/bdia.pli.edu\/index.php\/2019\/01\/02\/omg-sec-gives-tips-on-im-and-texting-more-advisers-caught-in-12b-1-fee-scandal-and-lessons-learned-from-finra-exams\/","title":{"rendered":"OMG! SEC Gives Tips on IM and Texting, More Advisers Caught in 12b-1 Fee Scandal, and Lessons Learned from FINRA Exams"},"content":{"rendered":"<p>January Regulatory Updates from\u00a0<a href=\"https:\/\/www.hardincompliance.com\/team\/jaqueline-m-hummel-esq\/\">Jaqueline Hummel<\/a>\u00a0at Hardin Compliance Consulting LLC.<\/p>\n<p>Topics include:<\/p>\n<ul>\n<li><a href=\"https:\/\/www.sec.gov\/files\/ocie%2520risk%2520alert%2520-%2520electronic%2520messaging.pdf\" target=\"_blank\" rel=\"external noopener noreferrer\" data-wpel-link=\"external\">SEC Risk Alert \u2013 Observations from Investment Adviser Examinations Relating to Electronic Messaging<\/a><\/li>\n<li><a href=\"https:\/\/www.hardincompliance.com\/blog\/the-real-nightmare-before-christmas-sec-gets-tough-on-firms-that-did-not-self-report-during-scsd-initiative\/\" data-wpel-link=\"internal\">SEC Continues to Pound Advisers for Inadequate Disclosures on 12b-1 Fees and Revenue Sharing<\/a><\/li>\n<li><a href=\"http:\/\/www.finra.org\/newsroom\/2018\/finra-publishes-2018-report-examination-findings\" target=\"_blank\" rel=\"external noopener noreferrer\" data-wpel-link=\"external\">FINRA Releases Its Second Annual Report on Examination Findings<\/a><\/li>\n<li><a href=\"https:\/\/www.sec.gov\/litigation\/admin\/2018\/ia-5065.pdf\" target=\"_blank\" rel=\"external noopener noreferrer\" data-wpel-link=\"external\">The SEC Embraces the Holiday Spirit and Shows Compassion Regarding Fee Violations<\/a><\/li>\n<li><a href=\"https:\/\/www.sec.gov\/litigation\/admin\/2018\/33-10581.pdf\" target=\"_blank\" rel=\"external noopener noreferrer\" data-wpel-link=\"external\">BDC Adviser Pays $3.8 Million for Expense Misallocation, Valuation Missteps, and Improper Handling of MNPI<\/a><\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.hardincompliance.com\/blog\/regulatory-updates\/omg-sec-gives-tips-on-im-and-texting-more-advisers-caught-in-12b-1-fee-scandal-and-lessons-learned-from-finra-exams\/\">Read\u00a0the full post here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>January Regulatory Updates from\u00a0Jaqueline Hummel\u00a0at Hardin Compliance Consulting LLC. Topics include: SEC Risk Alert \u2013 Observations from Investment Adviser Examinations Relating to Electronic Messaging SEC Continues to Pound Advisers for Inadequate Disclosures on 12b-1 Fees and Revenue Sharing FINRA Releases Its Second Annual Report on Examination Findings The SEC Embraces the Holiday Spirit and Shows &hellip; <a href=\"https:\/\/bdia.pli.edu\/index.php\/2019\/01\/02\/omg-sec-gives-tips-on-im-and-texting-more-advisers-caught-in-12b-1-fee-scandal-and-lessons-learned-from-finra-exams\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">OMG! SEC Gives Tips on IM and Texting, More Advisers Caught in 12b-1 Fee Scandal, and Lessons Learned from FINRA Exams<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":14,"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-858","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\/858","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\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/bdia.pli.edu\/index.php\/wp-json\/wp\/v2\/comments?post=858"}],"version-history":[{"count":0,"href":"https:\/\/bdia.pli.edu\/index.php\/wp-json\/wp\/v2\/posts\/858\/revisions"}],"wp:attachment":[{"href":"https:\/\/bdia.pli.edu\/index.php\/wp-json\/wp\/v2\/media?parent=858"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bdia.pli.edu\/index.php\/wp-json\/wp\/v2\/categories?post=858"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bdia.pli.edu\/index.php\/wp-json\/wp\/v2\/tags?post=858"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}