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

Portfolio Manager Charged with Mispricing Fund Investments

Read more...

 

SEC Charges Fund Adviser and Principal for Fraudulently Overvaluing Assets
Overvaluing allowed firm to collect inflated fees
Read more...

SEC and NASAA Explain Application of Securities Laws to Opportunity Zone Investments
Read more...

Agencies Adopt Final Rule to Exclude Community Banks from the Volcker Rule

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-5305 In the Matter of Account Management, LLC, Christopher de Roetth and Peter de Rotth

IA-5304 In the Matter of Henry J. Wieniewitz, III

IA-5303 In the Matter of Swapnil Rege

IA-5296 Release Intentionally Omitted by SEC

LR-24539 SEC v. Paul Alar and West Mountain, LLC

IA-5302 In the Matter of Salus, LP et al.

LR-24533 SEC  v. Richard Vu Nguyen, et al.

Staff Statement on Opportunity Zones: Federal and State Securities Laws Considerations  
SEC and NASAA Explain Application of Securities Laws to Opportunity Zone Investments 
Added to the IA Act UnwrappedTM Examination Tools Database/2019 Information

IA-5301 In the Matter of Hana Woosuk Byum

IA-5300 In the Matter of The Robare Group, Ltd., Mark L. Robare, and Jack L. Jones, Jr.

IA-5299 In the Matter of Kwen Y. Chun

IA-5298 In the Matter of Jeffrey Gainer

IA-5297 In the Matter of Rosalind Herman

IA-5295 In the Matter of Kimm C. Hannan

IA-5294 In the Matter of Michael Szafranski

IA-5290 In the Matter of Moshe Marc Cohen

Regulation Best Interest and the Investment Adviser Fiduciary Duty - Two Strong Standards that Protect and Provide Choice for Main Street Investors
Speech by Chairman Jay Clayton, Boston, Massachusetts (July 8, 2019)
Added to the IA Act UnwrappedTM Examination Tools Database/2019 Information and linked to the Plain English Description Tab under Regulatory Database rule 203-1 and new rule 204-5