It’s Time to Revisit Business Continuity Planning

Hurricane Sandy tested the capabilities of contingency planning along the east coast and prompted the SEC’s National Exam Program (NEP) to review the BCPs of about 40 advisers. The NEP... [...]

As of September 23, 2013, the new Securities and Exchange Commission (SEC) rule 506(d) is in effect which disqualifies Rule 506(b) and (c) private placement securities offerings if certain “bad... [...]

The SEC Associate Director of Enforcement gave a speech on October 7, 2013 concerning the importance of a robust compliance and ethics program, and the SEC’s role in supporting compliance... [...]

On October 23rd, as part of the SEC’s Compliance Program Initiative, the SEC has announced the sanctioning of three advisory firms and their officers. All three firms have agreed to... [...]