Results
The majority of insider trading compliance questions this year, by a wide margin, have been related to SPAC PIPE offerings. …
The Securities and Exchange Commission (the “SEC”) has finalized significant revisions to its rules under the Investment Advisers Act governing…
This is our annual letter briefly reviewing various issues that our investment adviser clients should consider over the next few…
The Securities Exchange Commission (the “SEC”) has rescheduled its compliance outreach program’s national seminar for investment companies and investment advisers…
In September and October, the U.S. Bureau of Economic Analysis (“BEA”) is conducting its 2019 Benchmark Survey of Financial Services…
The “accredited investor” definition largely has been unchanged since 1982, but on August 26, 2020, the Securities and Exchange Commission…
Two topics from recent SEC investment adviser enforcement cases, disclosure language and insider trading policies. Adviser Disclosures: What does “may”…
The due dates to prepare, file and deliver a new part of Form ADV, Form CRS (Customer Relationship Summary), are…
As we navigate these unprecedented times, we wanted to share our thoughts about the COVID-19 crisis, and provide some constructive…
Updated March 26, 2020 – On Friday, March 13, 2020, the SEC announced conditional relief for the due dates of…
Clients often ask what the benefits are of registering a trademark. There are many benefits to registering a trademark in…
This is our annual letter briefly reviewing various issues that our investment adviser clients should consider over the next few…
Last October I spoke at a compliance conference on the subject of SEC investment adviser examinations. The article below is…
FINRA has updated its Rules 5130 and 5131, which govern allocations of “new issues,” effective January 1, 2020. Broadly speaking,…
Last week the SEC’s Division of Enforcement published its Annual Report for the fiscal year ended September 30, 2019 (available…
Earlier this year, the National Futures Association (NFA) announced that individuals registered as associated persons (APs) of NFA members that…
Shartsis Friese LLP recently commented on the Securities and Exchange Commission’s Concept Release, Harmonization of Securities Offering Exemptions. The letter…
The Cayman Islands Data Protection Law, 2017 (the “DPL”) was adopted on March 27, 2017. Similar to the European Union’s…
The Department of the Treasury recently announced that certain U.S. persons must complete a survey of foreign ownership of U.S….
The 18th annual Help For Children Gala event for the San Francisco Chapter of Help For Children (aka, Hedge Funds…
On June 5, 2019, the Securities and Exchange Commission (“SEC”) released an interpretation to reaffirm and clarify certain aspects of…
The California Consumer Privacy Act (“CCPA”) is a broad consumer privacy law that is effective as of January 1, 2020,…
The recent publication of the SEC Division of Enforcement’s 2018 Annual Report provided an opportunity to look back over the…
Securing a federal trademark registration is never a guarantee, even when the applicant has an incontestable registration for a very…
This is our annual letter briefly reviewing various issues that our investment adviser clients should consider over the next few…