ERISA Compliance for Investment Advisors
The Employee Retirement Income Security Act of 1974, as amended (“ERISA”) applies to investment advisors and other securities professionals who advise, manage, or trade in accounts that are considered subject to ERISA (i.e., employee benefit/retirement plans). With the recent withdrawal of the Department of Labor ("DOL") ...
What to Expect During an SEC Examination of an RIA Firm?
The U.S. Securities and Exchange Commission (SEC) Division of Examinations (formerly known as the Office of Compliance Inspections and Examinations), is responsible for examining registered investment advisers (RIA), investment companies, and private funds. In performing examinations, the SEC staff review disclosures, conflicts of interests, marketing, advertising, ...
SEC Marketing Rule for RIA Advertising and Solicitation
On December 22, 2020, the U.S. Securities and Exchange Commission (SEC) announced a new rule to replace the decades old framework governing advertising and solicitor arrangements for registered investment advisor (RIA) firms. While this rule still requires interpretive guidance from the SEC, the team at McCabe ...