Fiduciary Duty

The new SEC Rule 13h-1, the large trader reporting rule, became effective. 

Starting on April 30, 2012, broker dealers will be required to maintain records of large trader trading, similar to records maintained

Continue Reading The SEC’s Large Trader Reporting Rule Is Now On-Line

The SEC published a small entity compliance guide for investment advisers relating to the new Form PF.  These new reporting requirements affect SEC registered investment advisers with at least $150

Continue Reading SEC Issues guidelines for Form PF Reporting

The SEC approved a number of rule changes promulgated by the MSRB to facilitate risk-based examinations for participants in the municipal securities industry.  These municipal securities industry participants are, generally, FINRA

Continue Reading MSRB Rules Changes Allow For Risk-Based Exams

Late last week, one of my colleagues sent me an e-mail where he copied 8 other people, half of them I could not identify if my life depended upon it.  I then

Continue Reading PSST!!! Want to Save Money on Your Legal Bills? Read on. . .