Clarity and Understanding for the Workplace

Brightline Solutions™

Brightline Solutions™ offers a clear, clean, easily-navigable approach to meet daily compliance needs within the financial services industry.

Investment advisers are constantly on the lookout for new solutions to tackle the multitude of challenges, questions and concerns that Compliance Departments face on a daily basis.

Brightline Solutions™ has taken a fresh approach to meet these daily challenges by putting all the pieces of the puzzle together in an easily-navigable format, presenting all the ideas, references, and backup material in one place. As you navigate between rules, releases, guidance, no-action letters, and enforcement cases, along with risks, testing and disclosure requirements – all in one place – a much clearer picture emerges. These puzzle pieces come together to offer you Brightline Solutions™ relational regulatory database - the IA Act Unwrapped™ – which address your daily, weekly, monthly and annual compliance concerns.

The Brightline Solutions™ Approach

A "bright-line rule" is a clearly defined rule or standard, leaving little room for interpretation in an effort to produce predictable and consistent results.

Brightline Solutions™ uses this same predictable, consistent approach as we create the ideal products for the financial services industry. We clearly align research, archiving, data-mapping, programming and design, alongside an unparalleled standard of excellence, to offer products that you can easily use to enhance the clarity and understanding of your daily tasks. We have created products unlike any ever seen in the industry, and have elevated compliance to a new level of sophistication.

Headline News

Ameriprise Charged with Failing to Safeguard Client Assets
“A critical obligation of an investment adviser is to safeguard investor assets"

SEC Charges IA for Compliance Failures Relating to Wrap Fee Programs
Part of a series of SEC actions relating to trading away in wrap fee programs

IA Charged with Mispricing Cross Trades between Clients

SEC Charges U.S. Congressman and Others with Insider Trading


Brightline Solutions updates IA Act UnwrappedTM on a daily basis. Recent updates are listed below. Click HERE for a more detailed summary of the information.

IA-4986 In the Matter of Citigroup Global Markets Inc., and Citigroup Inc.

IA-4985 In the Matter of Ameriprise Financial Services, Inc.

IA-4984 In the Matter of Lockwood Advisors, Incorporated

IA-4983 In the Matter of Hamlin Capital Management, LLC

LR-24231 SEC v. Christopher Collins, et al

IA-4982 In the Matter of Jinesh P. Brahmbhatt

IA-4981 In the Matter of Ramnik S. Aulakh

IA-4980 In the Matter of Knowledge Leaders Capital, LLC

IA-4979 In the Matter of Melvin Leonard Wimmer, Jr.

IA-4978 Regulatory Flexibility Agenda

Charles Schwab & Co., Inc., No-Action Request

Public Alert: Unregistered Soliciting Entities (PAUSE)
Added to the IA Act UnwrappedTM Examination Tools Database/2018 Information

LR-24226 SEC v. Murakami, et al

IA-4977 In the Matter of Gilbert Fluetsch

What's in a Name? Regulation Best Interest v. Fiduciary
Speech added to the IA Act UnwrappedTM Examination Tools Database/2018 Information

IA-4976 In the Matter of Jack Jarrell

IA-4975 In the Matter of Beverly Hills Wealth Management, LLC and Margaret Mulligan Black

IA-4974 In re: Pending Administrative Proceedings

IA-4973 In the Matter of Michael Devlin

LR-24206 SEC v. Temenos Advisory, Inc., and George L. Taylor

IA-4972 In the Matter of Joseph Pinkney Davis III

IA-4971 In the Matter of James M. Unger

IA-4970 In the Matter of New Silk Route Advisors, LP
Added to the IA Act UnwrappedTM Releases Database and  the Risks/Significant Cases Tabs under Regulatory Database Rules 206(4)-2 & 206(4)-7

IA-4969 In the Matter of Cornelius Peterson

LR-24205 SEC  v. John Geraci

IA-4968 In the Matter of Norman M.K. Louie and Mount Kellett Capital Management, LP

IA-4967 In the Matter of John B. Engebretson

Compliance Issues Related to Best Execution by Investment Advisers 
OCIE National Exam Program Risk Alert (July 11, 2018)
Added to the IA Act UnwrappedTM Examination Tools Database/2018 Information

IA-4960 In the Matter of Oaktree Capital Management, L.P.
IA-4959 In the Matter of EnCap Investments, L.P.
IA-4958 In the Matter of Sofinnova Ventures, Inc.
Pay to Play Rule 206(4)-5 violations
Censured and ordered to pay civil monetary penalties varying from $100,000 to $500,000

IA-4966 In the Matter of Ralph Willard Savoie

IA-4965 In the Matter of Romano Brothers & Company
Added to the IA Act UnwrappedTM Releases Database and to Risks/Significant Cases under Regulatory Database Advertising Rule 206(4)-1

IA-4964 In the Matter of Leonard S. Schwartz
Added to the IA Act UnwrappedTM Releases Database and to Risks/Significant Cases under Regulatory Database Advertising Rule 206(4)-1

IA-4963 In the Matter of HBA Advisors, LLC, and Jaime Enrique Biel

LR-24189 SEC v. Charles Schwab & Co., Inc.

IA-4956 In the Matter of Eugene Terracciano

IA-4955 In the Matter of Roger S. Zullo

IA-4954 In the Matter of Michael Johnson

LR-24187 SEC v. The Owings Group, LLC, et al.

Regulation of Investment Advisers by the U.S. Securities and Exchange Commission  
Robert E. Plaze, Partner, Proskauer Rose, LLP (June 2018 update)
Added to the IA Act UnwrappedTM Examination Tools Database/2018 Information & linked to Regulatory Database Plain English Description Tabs