SEC and DOL Implement Several Significant Changes
FINRA, SEC, State & CFP Board Enforcement RIA Compliance

SEC and DOL Implement Several Significant Changes

In the first half of 2022, the Securities & Exchange Commission and the Department of Labor implemented or proposed a number of significant changes to the regulatory regime governing registered...
Read More
Reviewing FINRA’s Annual Report Might Just Make You Want To Start An RIA
FINRA, SEC, State & CFP Board Enforcement RIA Setup & Registration Starting your own RIA

Reviewing FINRA’s Annual Report Might Just Make You Want To Start An RIA

FINRA just released its annual report. Every year at AdvisorLaw, I have a hard time reconciling the sheer amount of money floating around this self-regulatory organization (SRO) and the relatively...
Read More
When should I start planning to sell my advisory practice or RIA?
Lending Opportunities Mergers & Acquisitions Succession Planning Valuations

When should I start planning to sell my advisory practice or RIA?

When you’re looking to sell your advisory firm or RIA, there are many factors at play that could impact how seamless and profitable the transaction will be. This week on “Ask...
Read More
Private Equity Rules Set To Change
Private Funds RIA Compliance

Private Equity Rules Set To Change

A proposed rule that would strengthen the disclosure requirements and scrutiny of private fund advisors is being fought by investment advisors and RIA firms. The extended comment period has officially...
Read More
FINRA Enforcement Trends & Updates
FINRA, SEC, State & CFP Board Enforcement

FINRA Enforcement Trends & Updates

Evaluations Under FINRA Rule 4111 FINRA-member firms and brokers across the U.S. have been under immense pressure over the last month since FINRA began its firm evaluations under the new...
Read More
How does AdvisorLaw charge for ongoing compliance?
RIA Compliance

How does AdvisorLaw charge for ongoing compliance?

AdvisorLaw stays ahead of SEC and state regulatory changes so that RIAs can focus on building and growing their business. Custom-tailored to each individual firm, we provide an array of...
Read More
What if I was wrongfully terminated by my broker-dealer?
FINRA Disputes & U5 Terminations

What if I was wrongfully terminated by my broker-dealer?

FINRA’s Form U5 filing requirement is a one-sided weapon that firms frequently employ in their attempts to obliterate financial advisors’ and wealth managers’ careers. We have seen hundreds of cases...
Read More
Three Key Factors To Consider Before Selling Your RIA
Mergers & Acquisitions Selling RIA Succession Planning

Three Key Factors To Consider Before Selling Your RIA

M&A activity is still at an all-time high, inspiring many advisers to sell their registered investment advisor practice or wealth management book of business. RIA merger and acquisition activity had...
Read More
Timely Disclosure Of IRS Tax Liens, Judgments, Bankruptcies
FINRA Expungement & Arbitration FINRA, SEC, State & CFP Board Enforcement IRS Tax Liens & Disclosures

Timely Disclosure Of IRS Tax Liens, Judgments, Bankruptcies

*Notices from FINRA or the SEC are extremely time-sensitive. If you received an enforcement action, call us right now at (303) 952-4025 to talk with an attorney and receive a priority consultation...
Read More
Rule 4111 & Proposed Restrictions On Expungement Process Force Firm-Wide Disclosure-Removal Efforts
FINRA Disputes & U5 Terminations FINRA Expungement & Arbitration FINRA, SEC, State & CFP Board Enforcement

Rule 4111 & Proposed Restrictions On Expungement Process Force Firm-Wide Disclosure-Removal Efforts

As of June 1st, the new FINRA Rule 4111 is now effective, and the SRO has been hard at work attempting to highlight and hold accountable firms that house an...
Read More
What is an on-the-record (OTR) interview, and how should I prepare for it?
FINRA, SEC, State & CFP Board Enforcement

What is an on-the-record (OTR) interview, and how should I prepare for it?

One of the final stages of a FINRA investigation is an on-the-record interview, or "OTR." An OTR is similar to a deposition or interrogation that focuses on an investment-related or...
Read More
Managing The Form U5 When Departing A Firm
FINRA Disputes & U5 Terminations FINRA Expungement & Arbitration FINRA, SEC, State & CFP Board Enforcement

Managing The Form U5 When Departing A Firm

After leaving a firm, should you worry about your Form U5? When it comes to leaving a broker-dealer or wirehouse — whether on a voluntary or involuntary basis — every...
Read More
Mock Exams — Integral Tools Keeping RIAs Compliant
RIA Compliance

Mock Exams — Integral Tools Keeping RIAs Compliant

The Securities and Exchange Commission (SEC) has significantly intensified its examinations of RIAs in recent years. The Commission performed 2,251 exams on 16% of RIAs in the fiscal year 2021,...
Read More
How many expungement cases does AdvisorLaw handle?
FINRA Expungement & Arbitration

How many expungement cases does AdvisorLaw handle?

Did you know that AdvisorLaw handles nearly 50% of all FINRA disclosure expungements? We have been helping advisors restore their reputations for nearly a decade. With new restrictions to the...
Read More
FINRA Resumes Plans to Dismantle its Expungement Process
FINRA Expungement & Arbitration

FINRA Resumes Plans to Dismantle its Expungement Process

Further supporting the notion purported by PIABA and NASAA that FINRA’s expungement process is far too forgiving to advisors, FINRA released a discussion paper on May sixth to address the...
Read More
Choosing The Right M&A Team To Sell Your Advisory Firm
Mergers & Acquisitions Succession Planning Valuations

Choosing The Right M&A Team To Sell Your Advisory Firm

Any advisor who has gone through a sale knows that it all comes down to selecting the right team to complete the transaction. You’re not only selling your company —...
Read More
What is needed to file and update my Form ADV?
RIA Compliance

What is needed to file and update my Form ADV?

We frequently see RIAs make mistakes on their Forms ADV, oftentimes because they simply misunderstood a question. With the SEC’s recent changes to Reg BI, and the new Form ADV...
Read More
FINRA Rule 8210 Investigations: How To Respond And Protect Yourself
FINRA, SEC, State & CFP Board Enforcement

FINRA Rule 8210 Investigations: How To Respond And Protect Yourself

You just received a letter from FINRA. You may have anticipated the letter, or you may be surprised to get the letter in the first place. If you carefully read...
Read More
FINRA Form U4 Reportable Events
FINRA Expungement & Arbitration IRS Tax Liens & Disclosures

FINRA Form U4 Reportable Events

Every member of FINRA has completed and filed a Form U4. But what may seem like an easy and uncomplicated task does carry with it some serious weight. It’s critical...
Read More
Can I sue my broker-dealer or RIA for damages if I was terminated?
FINRA Disputes & U5 Terminations

Can I sue my broker-dealer or RIA for damages if I was terminated?

The language a firm uses on a terminated advisor’s FINRA Form U5 can cause irreparable damage to their public record and ability to move to another firm. This week, we...
Read More