Author Archives: cindihill

DOL Prohibited Transaction Rule aka DOL Fiduciary Rule 3.0

The Department of Labor (DOL) Fiduciary Rule became effective February 16, 2021, with a compliance date of December 20, 2021. Under 3.0, advice to rollover or transfer an account is fiduciary advice…even though the prospect is not yet a client. … Continue reading

Posted in Uncategorized | Tagged , , , | Leave a comment

Another FINRA phishing scam

There is another FINRA phishing scam that has been going out. The email appears to be from Jeffrey Kalinowski at FINRA. He really works at FINRA, but the email is a scam. Don’t click on any links in the email.

Posted in Uncategorized | Leave a comment

Cybersecurity Guidance for Investment Advisers Managing ERISA plans Jun 03, 2021 03:51 pm | by Jaqueline Hummel, Partner and Managing Director, Hardin Compliance For Investment Advisers and Broker-Dealers DOL issues Cybersecurity Guidance.  On April 14, 2021, the U.S. Department of … Continue reading

Posted in Uncategorized | Leave a comment

EMAIL SCAM Many of you may have received the FINRA: New Request email below. It is a scam. FINRA: New Request                          View Request                                       Case202106980000Request ID3989971Date Requested06/07/2021FINRA RequesterTa’She Spencer-Clifton                                                                                                                                            Dear Eileen,A Firm Compliance Request has been issued by FINRA for your … Continue reading

Posted in Uncategorized | Leave a comment

10 Remote Compliance Best Practices

from Cipperman Compliance Services Today, we offer our “Friday List,” an occasional feature summarizing a topic significant to investment management professionals interested in regulatory issues. Our Friday Lists are an expanded “Our Take” on a particular subject, offering our unique … Continue reading

Posted in Uncategorized | Tagged , , , , , | Leave a comment

Update on PPP disclosure

FA Advisor magazine UPDATE TO THIS ARTICLE – THE DEADLINE TO RETURN HAS BEEN EXTENDED TO 5/14/20 Also, if you need to disclose the PPP loan on your ADV Part 2, it must be done within 30 days.  I believe … Continue reading

Posted in Uncategorized | Tagged , , , | Leave a comment

SEC COVID-19 FAQ re PPP Loans

The SEC has come out with an FAQ regarding the disclosure of PPP loans.  Please read below.  If you are a client and need to have your ADV Part 2A updated to include a PPP disclosure, please let me know. … Continue reading

Posted in Uncategorized | Tagged , , , , , | Leave a comment

Coronavirus and Fraud

Be aware that opportunistic criminals are using the coronavirus pandemic to steal people’s money and identities. Here are some of the strategies you should be aware of: ƒ  Outbreak maps. Don’t click on any link that purports to show a … Continue reading

Posted in Uncategorized | Tagged , , , | Leave a comment

 I know these are very tough times, with the markets down and towns going into quarantine mode. Here are a few tips from Jen Goldman of Jen Goldman Consulting, most which you all know.     TIPS:     1. make sure everyone knows … Continue reading

Posted in Uncategorized | Tagged , , | 1 Comment

Global Investment Performance Standards (GIPS®) Workshop

Don’t miss this opportunity to reserve your seat at an interactive workshop that offers a practitioner’s view of the GIPS® standards. Sessions have been organized covering GIPS compliance fundamentals and how to create and maintain a GIPS compliance program, with an in-depth review … Continue reading

Posted in Uncategorized | Tagged , , | Leave a comment