RIA Compliance and Practice Management Blog

Investing by nature is unpredictable, but investing in cryptocurrency takes unpredictability to an entirely new level. This is due in large part to a lack of investor protection, as we’ve seen clearly during the recent meltdown, as shares in Coinbase dropped more than 50%, with Bitcoin and Ethereum plummeting more than 25% and 30% respectively.

The Securities and Exchange Commission's ("SEC") increased focus on cryptocurrency means registered investment advisers ("RIA") need to make sure they’re adequately addressing regulatory concerns. Read this guide to learn more.

Each week, we are giving you our weekly report highlighting the top compliance news articles from various industry news publications. We have selected the most relevant and important news articles related to registered investment adviser ("RIA") compliance and regulatory issues. This week's recap focuses on RIA in a Box's new Continuing Education Program, an outlook of the RIA industry, succession planning for investment advisers, and key considerations for joining or starting an RIA firm. 

Here are our top investment adviser compliance articles for the week of June 17th, 2022:

Earlier this week, RIA in a Box  announced the release of a new investment adviser representative (IAR) Continuing Education (CE) Program. The new program supports the North American Securities Administrators Association (NASAA) model rule for continuing education requirements, adopted on Nov. 24, 2020. 

The CE program is designed for IARs to advance their fiduciary knowledge and fulfill their CE requirements through the MyRIACompliance® platform.

Each week, we are giving you our weekly report highlighting the top compliance news articles from various industry news publications. We have selected the most relevant and important news articles related to registered investment adviser ("RIA") compliance and regulatory issues. This week's recap focuses on the Securities and Exchange Commission ("SEC") proposed rules for environmental, social, and governance ("ESG") disclosures, compliance deficiencies with the Department of Labor's ("DOL") PTE 2020-02, and the role "information providers" may play in giving investors investment advice.

Here are our top investment adviser compliance articles for the week of June 10th, 2022:

Your registered investment adviser ("RIA") firm’s chief compliance officer ("CCO") sets the tone, direction and overall strategy of your compliance program. A task, which in recent months, has become even more critical given the significant number of regulatory changes and rule proposals that have occurred.

Simply put, the importance of your firm’s CCO cannot be overstated.

Each week, we are giving you our weekly report highlighting the top compliance news articles from various industry news publications. We have selected the most relevant and important news articles related to registered investment adviser ("RIA") compliance and regulatory issues. This week's recap focuses on the Securities and Exchange Commission ("SEC") proposed rules for RIA cybersecurity, the North American Securities Administrators Association ("NASAA") arbitration model rule, and exploring the future of cryptocurrency regulation.

Here are our top investment adviser compliance articles for the week of June 3rd, 2022:

Recently, the North American Securities Administrators Association ("NASAA") approved a new model rule, addressing the issue of registered investments advisers ("RIA") firms or advisers with unpaid customer arbitration awards and judgments. With the passing of this rule by NASAA members, state regulators can now impose sanctions on firms and advisers who fail to promptly pay their monetary obligations to customers and regulators. 

Each week, we are giving you our weekly report highlighting the top compliance news articles from various industry news publications. We have selected the most relevant and important news articles related to registered investment adviser ("RIA") compliance and regulatory issues. This week's recap focuses on the release of the RolloverAnalyzer by InvestorCOM and RIA in a Box, the Department of Labor's ("DOL") PTE 2020-02, and the Securities and Exchange Commission proposed rules for environmental, social, and governance ("ESG") investments. 

Here are our top investment adviser compliance articles for the week of May 27th, 2022:

Every investment adviser registered under section 203 of the Investment Advisers Act of 1940 (15 U.S.C. 80b-3) is required by the Securities and Exchange Commission's (“SEC”) Rule 206(4)-7 to conduct a review of the firm’s compliance program.

The compliance review is an opportunity for the Chief Compliance Officer (“CCO”) to thoroughly assess the adequacy and effectiveness of the RIA firm’s policies and procedures, and therefore minimize risk of compliance deficiencies. The SEC requires the review to take place “no less than annually”. In this blog post, we highlight key considerations to conduct an effective compliance meeting. 

Each week, we are giving you our weekly report highlighting the top compliance news articles from various industry news publications. We have selected the most relevant and important news articles related to registered investment adviser ("RIA") compliance and regulatory issues. This week's recap focuses on the Securities and Exchange Commission's ("SEC") Marketing Rule, social media marketing tips, regulatory exam focus areas, and the North American Securities Administrators Association's ("NASAA") model rule regarding unpaid arbitration awards.

Here are our top investment adviser compliance articles for the week of May 20th, 2022: