For the first time in 50 years, issuers could end up reporting twice a year – here’s what the SEC will expect of advisors.
Castellanos, personally and through a sales team of about 42 sales agents, allegedly solicited and raised at least $25.2 million in MJ Capital’s unregistered securities from at least 1,222 investors.
The proposal would revise the 2002 safe harbor rule so that, for participants and beneficiaries who first become eligible after December 31, 2025, a plan that uses the 2002 safe harbor to deliver a pension benefit statement electronically must provide a one-time initial paper notice.
A “non-carrying broker-dealer,” or one whom holds specific exemptions from Rule 15c3-3, is exempt from Rules 17h-1T and 17h-2T if threshold requirements are met.
The SEC rule would restore only third-month data in a fund’s fiscal quarter being made public, and extending the forms monthly deadline to 45 days after month-end.
Where a CAB recommends a securities transaction to an eligible employee who qualifies as a retail customer under Regulation Best Interest or a retail investor for Form CRS, the CAB must comply with Reg BI and Form CRS.
Cutter Financial Group LLC was ordered to pay $150,000 in total civil penalties, and a five-year requirement the firm provide a copy of the ruling to all existing investment advisory clients and all new investment advisory clients
Along with a $1.18 million fine, the judgment permanently enjoins Bluesky Eagle from future violations of the Investment Advisers Act, and permanently enjoins its owners and executive officers from filing Form ADV as an Exempt Reporting Adviser'
The new rule would give certain funds an additional 15 days to file monthly portfolio-related reports, and would reverse the 2024 shift to publication more frequent than quarterly.
The new interpretations address moving an offering between intermediary platforms; issuer eligibility where Exchange Act reporting has ended; how the 12 month crowdfunding offering cap is measured; and other definitions and filings.
