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

SEC Operations Plan under a Lapse in Appropriations & Government Shutdown
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Enforcement Director Ceresney to Leave SEC
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Real Estate Fund Adviser Settles Fraud Charges
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PIMCO Settles Charges of Misleading Investors about ETF Performance
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Updates

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.

CenturyLink Investment Management Company, No-Action Letter
No-Action Letter - Advisers Act
§203, and Rule 202(a)(11)(G)-1 - Family offices
Added to the IA Act UnwrappedTM No-Action Database and linked to Rule 202(a)(11)(G)-1 in the Regulatory Database

Stifel, Nicolaus & Company, Inc. No-Action Letter
Rule 206(4)-3 Cash Solicitation Rule
See related Release No. IA-4585 In the Matter of David W. Noack
Added to the IA Act UnwrappedTM No-Action Letter Database and to the No-Action Tab under Regulatory Database Rule 206(4)-3

IA-4585 In the Matter of David W. Noack

IA-4584 In the Matter of Harold D. Garrison

IA-4583 In the Matter of Paul Leon White, II

IA-4581 Wells Fargo Advisors, LLC and Wells Fargo Advisors Financial Network, LLC
IA-4580 UBS Financial Services Inc.
IA-4579 Robert W. Baird & Co. Incorporated
IA-4578 Merrill Lynch, Pierce, Fenner & Smith Incorporated
Exemptive Requests - for relief currently provided by Rule 206(3)3T, which will expire 12/31/16.
Added to the IA Act UnwrappedTM Releases Database and to the No-Action Tab under Regulatory Database Rule 206(3)-3T

IA-4582 In the Matter of Daniel P. McKelvey

IA-4577 In the Matter of Pacific Investment Management Company, LLC
Added to the IA Act UnwrappedTM Releases Database and to Risks/Significant Cases under Regulatory Database Rules 206(4)-7 & 206(4)-8.

IA-4576 In the Matter of Ajenifuja Investments, LLC

IA-4575 In the Matter of Shervin Neman and Neman Financial, Inc.

IA-4574 In the Matter of James Michael Murray

IA-4573 In the Matter of Gary R. Purwin, CPA

LR-23691 SEC v. Stanley Jonathan Fortenberry

IA-4572 In the Matter of Grassi & Co., CPAs, P.C.

Guidance Concerning IA Reliance on Predecessor Registrations
Added to the IA Act UnwrappedTM Examination Tools Database/2016 Information

IA-4570 In the Matter of Randy G. Ruhl

IA-4571 In the Matter of James Y. Lee

IA-4569 In the Matter of Mark D. Holt

Regulation of Investment Advisers by the U.S. Securities and Exchange Commission  
Robert E. Plaze, Partner, Stroock & Stroock & Lavan, LLP 

Updated version added to the IA Act UnwrappedTM Examination Tools Database/ 2016 Information, and linked throughout the Regulatory Database Rules

IA-4568 In the Matter of Bryan Wayne Anderson

LR-23689 SEC  v. Devon Archer, et al.

IA-4567 In the Matter of Derik J. Todd, Madison Capital Energey Income Fund II GP LLC, Big Horn Minerals, LLC, et al

Binary Option
Term and associated  SEC Investor Alert "Binary Options Websites May be Used for Fraudulent Schemes" have been added to the IA Act UnwrappedTM Glossary & Definitions Database

Case 1:16 –cv-08701 SEC v. David R. Bergstein
Added to the IA Act UnwrappedTM Enforcement Case Database

IA-4566 In the Matter of The Robare Group, Ltd., Mark L. Robare, and Jack L. Jones, Jr.
OPINION of the Commission

IA-4565 In the Matter of Philip E. Moriarty, II

IA-4564 In the Matter of Harvey Altholtz

IA-4563 In the Matter of Larry C. Grossman

IA-4562 In the Matter of Wade James Lawrence

IA-4561 In the Matter of Aegis Capital, LLC and Circle One Wealth Management, LLC

IA-4560 In the Matter of Gary C. Snisky

LR-23679 SEC v. Marc D. Broidy and Broidy Wealth Advisors, LLC

IA-4559 In the Matter of James Michael Murray

IA-4558 In the Matter of Louis V. Schooler

Examining Whitleblower Rule Compliance
National Exam Program Risk Alert
Added to the IA Act UnwrappedTM Examination Tools Database - 2016 Information

Private Funds Statistics - First Calendar Quarter 2016
Division of Investment Management - Risk & Examinations Office Report 
Added to the IA Act UnwrappedTM Examination Tools Database - 2016 Information

IA-4557 In the Matter of John Leo Valentine

Remarks at the NSCP 2016 National Conference
Andrew J. Donahue, SEC Chief of Staff
Including: Future Challenges Facing Compliance; Evolving Skills and Expertise; Changing Business and Economic Environment; Business Expectations Regarding the Role of Compliance; Globalization and Business Complexity; Technology; Staying Up to Date

Added to the IA Act UnwrappedTM Examination Tools Database - 2016 Information

IA-4556 In the Matter of Mark J. Aubry

Inside the SEC's National Exam Program in 2016  
Mark Wyatt, Director, OCIE - Keynote Remarks at the NSCP National Conference
Added to the IA Act UnwrappedTM Examination Tools Database