News and Updates
FINRA Adopts Pay-to-Play Rules
The SEC has approved new FINRA Rules 2030 and 4580 establishing pay-to-play requirements for broker-dealers marketing to government entities on behalf of investment advisers. FINRA Rule 2030, titled “Engaging in Distribution and Solicitation Activities with [...]
SEC Penalties for False Advertising Claims
The Securities and Exchange Commission today announced penalties against 13 investment advisory firms for violating securities laws by spreading false claims about F-Squared Investment's AlphaSector strategy. According to the SEC: The firms repeated many of [...]
SEC Adopts Amendments to Form ADV, Recordkeeping Requirements
The SEC today adopted amendments to Form ADV. Under the revised rule, advisers will be required to provide: More detailed information about separately-managed accounts, including types of assets held, use of derivatives and borrowings Assets [...]
SEC Considering Requirement for Business Continuity and Transition Plans for Advisers
Yesterday, the SEC proposed a new rule that would require registered investment advisers to adopt and implement written business continuity and transition plans. At the same time, the SEC issued guidance on business continuity planning [...]
Welcome to Compliance Guidebook!
Compliance Guidebook is a reference resource for investment advisers that makes it easy to find relevant legislation, regulation and guidance. Questions about the site? Fill out the form on the Contact page. Corrections or comments [...]