Category Archives: SEC News
SEC Recruits New Examiners to Focus on Three Exam Priorities
INVESTMENT ADVISER NEWSLETTER EXCERPT – April 2012 –According to an AdvisorOne article, the Securities and Exchange Commission’s (SEC) Office of Compliance Inspections and Examinations (OCIE) has hired 130 new examiners over the last 18 months, in efforts to decrease regulatory oversight. These … Continue reading
SEC Raises Rule Requirements for Advisory Performance Fees
RIA NEWSLETTER EXCERPT – March 2012 –A recent AdvisorOne article discussed the Securities and Exchange Commission’s announcement that it has decided to “tighten its rule on investment advisory performance fees to raise the net worth requirement for investors who pay … Continue reading
SEC Redefines Insurance Suitability Qualifiers for Certain Products
INSURANCE NEWSLETTER EXCERPT – February 2012 – According to an AdviserOne article the SEC decided to redefine the accredited investor standard that is used to determine whether or not someone is permitted to purchase insurance product that allows investors the … Continue reading
