Archives: Securities

Subscribe to Securities RSS Feed

Extension of DOL Fiduciary Rule is Official and some Guidelines for Documenting Rollovers

The Department of Labor officially announced the 18-month extension of the effective date of the key, and most onerous provisions, of the DOL Fiduciary Rule (until July 1, 2019).[1]  The announcement was made on November 29, 2017.  This extension delays the implementation of the most problematic procedures of the DOL Fiduciary Rule, which had been … Continue Reading

SEC Publishes New Guidance on Investment Adviser Advertising

The SEC published new guidance on RIA advertising yesterday in a National Exam Program Risk Alert dated September 14, 2017 (https://www.sec.gov/ocie/Article/risk-alert-advertising.pdf).  The Risk Alert is entitled “The Most Frequent Advertising Rule Compliance Issues Identified in OCIE Examinations of Investment Advisers.”  This is particularly important because the SEC is focusing on marketing materials in its latest … Continue Reading

SEC Cybersecurity Alert

The SEC published a National Exam Program Risk Alert describing the results of cybersecurity exams of 75 broker-dealers and investment advisors on August 7, 2017. “National Exam Program Risk Alert, Observations from Cybersecurity Examinations,” (SEC August 7, 2017) This report is useful in evaluating your investment advisory firm’s cybersecurity policies.  Two issues received particular attention … Continue Reading
LexBlog