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

Modernizing and Enhancing Investment Company & Investment Adviser Reporting
Changes include new monthly portfolio reporting form, Form N-PORT; new Form N-CEN to replace Form N-SAR; and new Form N-LIQUID to notify the SEC regarding a fund’s level of illiquid assets

Hedge Fund Firm and Supervisor Charged with Failing to Prevent Insider Trading
"By disgorging the illicit profits ...this settlement ensures that [they] will not be rewarded for their negligence."

SEC 2016 Enforcement
Increase in Actions Involving IAs



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.

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

IA-4555 In the Matter of Bank Leumi le-Israel B.M., Leumi Private Bank, and Bank Leumi (Luxembourg) S.A.

IA-4554 In the Matter of Calvert Investment Management, Inc.

IA-4553 In the Matter of Paul T. Lebel

IA-4552 In the Matter of Matthew D. Haab

IA-4551 In the Matter of Keith Michael Rogers

IA-4550 In the Matter of Artis Capital Management, LP and Michael W. Harden

IA-4549 In the Matter of Nicholas S. Savva

IA-4548 In the Matter of Deutsche Bank Securities, Inc.

IA-4547 In the Matter of Pamella B. Watson

IA-4546 In the Matter of Dupree Financial Group, LLC

IA-4545 In the Matter of Laurence I. Balter d/b/a Oracle Investment Research

IA-4543 In the Matter of Larry C. Grossman
OPINION of the Commission
Added to the IA Act UnwrappedTM Releases Database and to Risks/Significant Cases under Regulatory Database Rules 204-3 & 206(4)-2

Robert Van Grover, Esq., Seward & Kissel LLP No-Action Letter
Custody Rule 206(4)-2
Added to the IA Act UnwrappedTM No-Action Database and to Regulatory Database Rule 206(4)-2 No-Action Tab

IA-4542 In the Matter of Moloney Securities Co., Inc. and Joseph R. Medley, Jr.
Multiple and repeated violations of the Advisers Act, even after three OCIE deficiency letters
Added to the IA Act UnwrappedTM Releases Database and to Risks/Significant Cases under Regulatory Database Rule 206(4)-7

LR-23670 SEC v. Ikenna Ikokwu, et al.

IA-4544 In the Matter of Dennis Duban, CPA

IA-4541 In the Matter of Thomas C. Gonnella

LR-23664 SEC  v. Jason W. Galanis, et al

IA-4540 In the Matter of Och-Ziff Capital Management Group LLC, OZ Management LP, Daniel S. Och, and Joel M. Frank

IA-4539 In the Matter of Sheren Tsai

IA-4538 In the Matter of Colin Whelehan

IA-4537 In the Matter of Jan Gleisner and Keith D. Pagan

Securities Regulation in the Interconnected, Global Marketplace
Keynote Remarks - Mary Jo White, SEC Chair
Added to the IA Act UnwrappedTM Examination Tools Database - 2016 Information