Clarity and Understanding for the Workplace


Compliance Training CAN be fun!

COMPLIANCE-OPOLY

for Investment Advisers

  • Move around the board landing on Advisers Act Rules
  • Answer Questions related to all aspects of compliance under the Advisers Act
  • Correct answers allow you to be paid Compliance Bucks
  • Purchase Investment Advisory Firms with your Compliance Bucks – others pay you rent!
  • Wrong answers result in Deficiencies
  • Too many Deficiencies get you sent to Enforcement - spend time in Jail with Bernie Madoff!

Compliance-Opoly for Investment Advisers
Score Card

See where additional compliance training may be necessary!

Headline News

IA Settles Charges for Custody Rule Violations
IA Advises Two Private Equity Funds
Read more...

Most Frequent Best Execution Issues Cited in Adviser Exams
OCIE Issues Risk Alert
Read more...

IAs and Reps Charged for Violating Testimonial Rule Using Social Media & the Internet
Five Separate Settled Proceedings - Marketing Consultant Also Charged
Read more...

SEC Charges Charles Schwab with Failing to Report Suspicious Transactions
Failed to file SARs on suspicious transactions of independent investment advisers
Read more...

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.

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

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