Registered Investment Advisers Archives - Page 2 of 3

Well, At Least It Is Not The T-1000

Posted on April 9, 2024

Memorial Day weekend typically brings us open swimming pools, trips to the beach and smells of charcoal (lump only, of course) as far as the nose takes us.

And this year, the shortening of the settlement cycle for most broker-dealer transactions from 2 days to 1, or T+1, on...

Tips from The Hitchhiker’s Guide to the Galaxy for Responding to a Regulatory Exam – Part 1

Posted on April 3, 2024

Your day was going great. You helped a client with a particularly complex situation. Another client submitted the paperwork to transfer accounts to your firm. You did not have to deal with a bulldozer trying to demolish your home.

Then you received a message from a “@sec.gov” or “@finra.org” email...

Obvious Facts and Bad Company

Posted on November 8, 2023

Fresh off the presses is "Obvious Facts and Bad Company", which I co-wrote for the National Society of Compliance Professionals' (NSCP) October 2023 edition of Currents. There we offer various tips and resources for compliance professionals to conduct OSINT. Read more: Wealth Compliance Leaders Yet Another Assortment of . . .

Wealth Compliance Leaders

Posted on August 2, 2023

Our F3 workouts typically begin at 0530, which leads the smart aleck in me to quip that it is probably better for everyone involved that they can't see me very well. I guess the joke is on me. It was my pleasure to spend some time on camera with Parham Nasseri,...

More Thoughts, Ideas and uh, Brain Droppings

Posted on April 28, 2023

As noted time and time again, George Carlin’s Brain Droppings is as an inspiration for my micro-blog on LinkedIn. There I frequently comment on events affecting the broker-dealer and registered investment adviser communities. And there have...

Another Batch of Brain Droppings

Posted on March 24, 2023

George Carlin’s philosophy tome, Brain Droppings, is as an inspiration for my micro-blog on LinkedIn. Below are some of my most recent posts. Firms Face Choppy Water Navigating SEC Compliance Dates “Regulation does not exist in a vacuum.” I appreciate Investment Adviser Association President Barr saying very publicly (and to...

My January Brain Droppings

Posted on March 20, 2023

George Carlin was one of our best modern-day philosophers, and his book Brain Droppings served as an inspiration for my micro-blog on LinkedIn. Below are some of my posts for January. FINRA Amends FINRA Rule 2231 I have not heard anyone exclaim "Oh good, my securities account statement is here!"...

More Brain Droppings – Digital Assets Edition

Posted on January 24, 2023

Comedians are some of our best modern-day philosophers, and as I noted earlier, George Carlin was one of the best of the best. He captured his musings, beliefs, etc. in many books. One of which is Brain Droppings, which I shamelessly stole as an inspiration for my micro-blog on LinkedIn. FTX’s implosion has thrust cryptocurrencies and...

With Apologies to George Carlin

Posted on October 22, 2022

George Carlin was one of the best. Not only did he help Alex Winter and Keanu Reeves save the world, but also put together the authority on what makes baseball different from football. (“Baseball begins in the spring, the season of new life. Football begins in the fall, when everything’s dying.”) He also memorialized his –...

Not Quite the “Wild West”

Posted on June 13, 2022

Last week Congress received a bill that would grant the Commodity Futures Trading Commission, not the Securities and Exchange Commission, jurisdiction over the growing digital assets market. The goal is to, as CNBC put it, tame the “’Wild West’ crypto...