RIA Compliance Calendar – Filing Deadlines 2017

SEC Regulatory Deadlines for Investment Advisers The information provided in this calendar is intended to help compliance officers update their regulatory calendars for 2017.  It does not address all potential regulatory reporting and compliance obligations. Additionally, please note, this calendar … Read More ›

SEC Examination Priorities 2017

    Protecting Retail Investors Electronic Investment Advice Investors are increasingly able to obtain investment advice through automated or digital platforms. Examinations of registered investment advisers that offer such services, including “robo-advisers” that primarily interact with clients online and firms … Read More ›

Simons Says: Changing of the Guards

Timothy M. Simons, CFA, CFP, CIPM, CSCP Senior Managing Member Focus 1 Associates LLC December 28, 2016     Fiduciary Rules As the end of 2016 nears, I would like to spend a little time talking about the SEC’s Fiduciary … Read More ›

SEC Exams are Escalating

  Although only small percentages (around 10%) of firms are actually examined each year, the SEC has found ways to cover more ground with the resources they have.  From a recent industry report, “SEC exams are on the rise with … Read More ›

Simons Says: Changing Custody Guidance?

Timothy M. Simons, CFA, CFP, CIPM, CSCP Senior Managing Member Focus 1 Associates LLC September 26, 2016   I want to briefly discuss a topic about which questions have arisen in the last couple of months that we thought had been … Read More ›

Top 6 SEC Compliance Deficiencies

Did you know?   1. Compliance Rule 2. Disclosure 3. Fiduciary Duty 4. Code of Ethics 5. Advertising Rule 6. Custody Rule   This fact was presented by the SEC’s Office of Compliance Inspections and Examinations’ (OCIE’s) assistant director, Renee … Read More ›

Changes to Form ADV and Rule 204-2 (Books and Records)

Form ADV On August 25, 2016, the Securities and Exchange Commission announced the adoption of amendments to the Investment Advisers Act of 1940 and Form ADV. Additional information on Form ADV will be required regarding separately managed accounts business, including … Read More ›