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 Charged with Inadequate Controls to Prevent Insider Trading

Did not address business-specific risks & lacked guidance regarding when trading in securities should be restricted
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Agencies Propose Changes to Modify “Covered Funds” Restrictions of Volcker Rule

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SEC Charges Portfolio Manager and Advisory Firm with Misrepresenting Risk in Mutual Fund
Read more ...

 

OCIE Publishes Observations on Cybersecurity and Resiliency Practices

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OCIE Announces 2020 Examination Priorities

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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.

LR-24738 SEC v. Criterion Wealth Management Insurance Services, Inc., et al

LR-24736 SEC v. The Nutmeg Group LLC, et al

IA-5443 In the Matter of Joseph A. Meyer, Jr.

IA-5442 In the Matter of Jay Costa Kelter

IA-5441 In the Matter of Cannell Capital, LLC

Myths and Realities: Modernizing the Proxy Rules
Speech by SEC Commissioner Elad L. Roisman
Added to the IA Act UnwrappedTM Examination Tools Database/2020 Information and to the Plain English Description Tab under Regulatory Database Rule 206(4)-6

IA-5440 In the Matter of Edward E. Matthes

IA-5439 In the Matter of Barton W. Stuck

IA-5438 In the Matter of Patrick L. O'Connor

IA-5437 In the Matter of Jaswant Gill

IA-5436 In the Matter of Catalyst Capital Advisors, LLC and Jerry Szilagyi

Cybersecurity and Resiliency Observations
OCIE examination observations r
elated to cybersecurity and operational resiliency practices taken by market participants
Added to the IA Act UnwrappedTM Examination Tools Database/2020 Information

IA-5366A In the Matter of Leonardo Cornide and Jorge Falcon

IA-5435 In the Matter of John Thomas Capital Management Group LLC and George R. Jarkesy Jr.

IA-5434 In the Matter of Inter-American Development Bank

IA-5433 In the Matter of Mark J. Moskowitz

IA-5432 In the Matter of Lester W. Burroughs

LR-24714 SEC v. Michael B. Rothenberg

Frequently Asked Questions on Regulation Best Interest
Added to the IA Act UnwrappedTM Examination Tools Database/2020 Information, and linked to the term "Regulation Best Interest" in the Glossary & Definitions Database

IA-5431 In the Matter of Michael Mindlin

IA-5430 In the Matter of Patrick L. O'Connor

IA-5429 In the Matter of J.P. Morgan Securities LLC

IA-5428 Adjustments to Civil Monetary Penalty Amounts

IA-5427 In the Matter of Bradley C. Mascho

LR-24710 SEC v. ARO Equity, LCC et al

OCIE 2020 National Examination Priorities
Publication has been added to the IA Act UnwrappedTM Examination Tools Database/2020 Information