Clarity and Understanding for the Workplace

IA Act Unwrapped

IA ACT Unwrapped is designed specifically to address the daily needs of Investment Adviser Compliance Officers and Securities Attorneys. This subscription-based regulatory library contains information related to the Advisers Act since its inception in 1940. No other company provides a complete, concise directory of information related to the Advisers Act spanning its full 70 years! A subscription to IA ACT Unwrapped is offered on two levels.

IA ACT Unwrapped Level 1 is designed for daily use by Investment Adviser Compliance Officers and Legal Staff. Level 1 offers matrix-based navigation to all current and proposed rules promulgated under the Advisers Act, with links to: adopting and amending rule releases; pertinent no-action letters; a description of the requirements of each rule written in plain-English format; as well as a discussion of associated risks; disclosure and recordkeeping requirements; considerations when testing your firm's compliance under each particular rule; and definitions of associated terms. The complete text of the Advisers Act is also offered in Level 1. More information…

If you have any questions, please contact Brightline Solutions by emailing us at Info@BrightlineSolutions.com or by calling 860-672-4433. To purchase IA ACT Unwrapped Level 1, please click here.

“Simplicity is the ultimate sophistication.” ~Leonardo da Vinci

IA ACT Unwrapped Level 2 is designed to address the more complex needs of Securities Attorneys and the Compliance Staff of larger firms. In addition to all of the information provided in the Level 1 matrix, Level 2 offers several extensive relational databases of information, including every Release promulgated under the Investment Advisers Act – from Release IA-1 issued in 1940 through all current Releases, shown in both full and summary format, categorized by type. This database of over 3,100 Releases is maintained current-to-the day.

Level 2 also offers access to an extensive No-action Letter Database of all recent and significant letters issued by the SEC's Division of Investment Management. Sort the letters by name, date, or by reference to the rule under which relief was sought.

Our Level 2 Enforcement Database contains litigation releases, initial decisions and cases that played a significant role in the history of investment adviser compliance, such as Capital Gains, Arlene Hughes, Steadman, Goldstein, etc.

The Level 2 Release Database, No-Action Letter Database and Enforcement Database are all full-text searchable.

The Level 2 Examination Database contains sample SEC Document Request Lists, Examination Brochures, Sample Sweep Letters, and information from OCIE and the SEC's CCOutreach program.

Our Advisers Act Database offers access to the current version of the Act, including all recent amendments mandated under The Dodd-Frank Wall Street Reform and Consumer Protection Act.

Our extensive Glossary & Definitions Database provides wide-ranging information on a multitude of topics relevant to the investment adviser world, and beyond.

If you have any questions, please contact Brightline Solutions by emailing us at Info@BrightlineSolutions.com or by calling 860-672-4433. To purchase IA ACT Unwrapped Level 2, please click here.

Headline News

OCIE Issues New Risk Alert
Safeguarding Customer Records and Information in Network Storage and the Use of Third-Party Security Features
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Cherry-Picking and Soft Dollar Violations
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Aderton Named Co-Chief of the Asset Management Unit
Specialized Unit Focuses on Misconduct by IAs, ICs and Private Funds
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SEC Staff Announces Agenda for May 31 FinTech Forum
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OCIE Issues Risk Alert Highlighting Compliance Issues Related to Reg S-P
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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.

IA-5241 In the Matter of Robert Kenneth Lindell, Jr.

Safeguarding Customer Records and Information in Network Storage –  Use of Third Party Security Features
OCIE Risk Alert added to the IA Act UnwrappedTM Examination Tools Database/2019 Information

IA-5240 In the Matter of Lawrence E. Penn, III

IA-5239 In the Matter of Brian Michael Berger

IA-5238 In the Matter of GL Capital Partners, LLC and GL Investment Services, LLC
Corrected Notice that Initial Decision has become final

IA-5237 Release Intentionally Omitted by SEC

IA-5236 In the Matter of J.S. Oliver Capital Mangement, L.P., and Ian O. Mausner
Added to the IA Act UnwrappedTM Risks/Significant Cases Tabs under Regulatory Database Rules 204-1, 204-2, 206(4)-7 & 206(4)-8 and linked to the terms "cherry-picking" and "soft dollars" in the Glossary & Definitions Database

IA-5235 In the Matter of NeoCap, LLC

IA-5234 In the Matter of Oscar Ferrer Rivera

IA-5233 In the Matter of Jonathan A. Rivera-Padilla

IA-5232 In the Matter of Jeffrey Francis Thompson

IA-5231 In the Matter of Bryan Lee Addington

IA-5230 In the Matter of Ascension Asset Management, LLC and Grenville M. Gooder, Jr.

IA-5229 In the Matter of Corinthian Capital Group, LLC, Peter B. Van Raalte, and David G. Tahan

How We Protect Retail Investors
Speech by OCIE Director Peter Driscoll
Added to the IA Act UnwrappedTM Examination Tools Database - 2019 Information

IA-5228 In the Matter of Paul Peter Gierten

LR-24461 SEC v. Christopher D. Dogherty et al

IA-5226 In the Matter of Charter Capital Management, LLC and Steven Morris Bruce

LR-24458 SEC v. Eric D. Lyons, et al.

IA-5225 In the Matter of Charles Myrick Winstead

LR-24455 SEC v. Motty Mizrahi et al.

IA-5224 In the Matter of Matthew R. Rossi and SJL Capital, LLC

IA & BD Compliance Issues Related to Regulation S-P - Privacy Notices and Safeguard Policies 
OCIE Risk Alert (April 16, 2019) 
Added to the IA Act UnwrappedTM Examination Tools Database/2019 Information

IA-5223 In the Matter of Stanley S. Bae

SECret Garden 
Commissioner Hester M. Peirce at SEC Speaks 2019
Important Issues for Investors in 2019 
Rick Fleming, Investor Advocate at SEC Speaks 2019
Remarks have been added to the IA Act UnwrappedTM Examination Tools Database/2019 Information