Confirmation that your firm does not hold any EU resident’s (“data subjects”) data is the first step in complying with the new General Data Protection Regulation (“GDPR”), effective May 25, 2018. There will still be some decisions and changes awaiting you. Firms without any EU residents’ data will be impacted in three main ways: deciding if the… READ MORE
General Data Protection Regulation (“GDPR”), a European Union (“EU”) regulation meant to protect the rights and data of EU residents (“data subjects”), comes into effect on May 25, 2018. This regulation protects the data of EU residents regardless of who holds the data or where that data is held. Will GDPR affect my firm? All firms,… READ MORE
On April 12, the SEC announced its Share Class Selection Disclosure Initiative (SCSD Initiative). Under the SCSD Initiative, “the Enforcement Division will recommend standardized, favorable settlement terms to investment advisers that self-report that they failed to disclose conflicts of interest associated with the receipt of 12b-1 fees by the adviser, its affiliates, or its supervised… READ MORE
The SEC’s Office of Compliance Inspections and Examinations (“OCIE”) released its 2018 National Exam Program examination priorities yesterday. While most of the topics are familiar, there are a few new items of note. OCIE has divided its priorities into four categories: Retail investors including Seniors and those saving for retirement “Disclosures of the Costs of… READ MORE
Have you been considering whether now is the right time to open a Registered Investment Advisor (“RIA”)? Navigating the complex regulatory requirements, making operational and technology decisions, and developing the financial analysis to know what the future holds may seem daunting. There are people willing to help you make an informed decision. We invite you… READ MORE
Recording Available: Looking Out for the Baby Boomers: Are You Protecting Your Firm and Your Client?
The U.S. population is aging – in January 2011, thousands of Baby Boomers began turning 65 every day. FINRA’s new rules to increase protections for vulnerable investors and to provide firms with guidelines to ensure these protections take effect February 5, 2018. Is your firm ready to handle the issues that come with having senior clients? On… READ MORE
January 24, 2018 at 3:00pm EST A recording of this webinar is now available RICHMOND, Va., Jan. 16, 2018 (GLOBE NEWSWIRE) — On Wednesday, January 24, Oyster Consulting LLC and Hirschler-Fleischer will host an interactive webinar on the key considerations for starting a registered investment adviser (RIA). The attendee list will be kept confidential. Getting… READ MORE