BREAKING NEWS
The words of Ray Lucia once could be heard from coast to coast. He touted the benefits of his Buckets of Money® presentation on a national radio show and at seminars and webinars across the country, an act that attracted investors and earned him millions. Now, his investment advisory firm has been d...
Indexed by:
NEWS & GUIDANCE
You often hear comparisons between exams conducted by OCIE and the National Futures Association and the same description keeps coming up: The NFA is much less adversarial. But don’t read this to mean they’re pushovers.   “It’s night and day” between an SEC and NFA exam, says a compliance officer at ...
Indexed by:
FinCEN’s proposed AML rule for advisers appears in the Sept. 1 Federal Register, running 22 pages (IA Watch, Aug. 27, 2015). You now have until Nov. 2 to share your comments on the proposal. The proposal would oblige SEC-registered IAs to have an AML program, and one that would react to potential r...
Indexed by:
That letter to SEC Enforcement chief Andrew Ceresney from the NSCP last month raising questions about cases targeting compliance officers will result in a D.C. confab (IA Watch, Aug. 27, 2015).    “The response was positive,” NSCP Executive Director Lisa Crossley tells IA Watch. “They are willing to...
Indexed by: