On June 27, 2024, the Supreme Court rejected the SEC‘s use of penalizing fraud defendants in civil cases without a trial. The decision comes in response to SEC action taken in 2013. In 2013 the SEC brought action against Jarkesy and Patriot28 alleging that the firm had committed fraud under the Securities Act of 1933, […]
The SEC has announced adoption of amendments to Regulation S-P: Privacy of Consumer Financial Information and Safeguarding Customer Information. The goal is to protect individuals from harm when their personal information is involded in security incidents. “Over the last 24 years, the nature, scale, and impact of data breaches has transformed substantially. These amendments to […]
Post contributions from Ara Jabrayan On April 17, 2024, the SEC provided Registered Investment Advisers (RIAs) with observations regarding firms’ compliance with the Marketing Rule. According to the announcement from the SEC’s Division of Examinations, the alert details the Division’s initial observations of investment adviser compliance with the following Rules: The Compliance Rule (Advisers Act […]
In conjunction with TradePMR’s Synergy 2024 conference in Las Vegas, Smartria and TradePMR announced that the companies have partnered to integrate their platforms and deliver TradePMR custodial data into Smartria’s compliance software. TradePMR, which celebrated its 25th year during its annual Synergy conference in May, is a custodial services company focused on meeting the specific […]
Introducing Next-Level Compliance & RIA Trade Monitoring We’re thrilled to announce a game-changing partnership between Smartria and leading RIA custodian Altruist with the integration of our compliance software into the Altruist platform. At Smartria, we’ve always believed that compliance should be simple, intuitive, and, above all, effective. Streamlining compliance through technology has been in our […]
What this industry clearly needs is a compliance hero. Let me explain… Opportunities for growth are reaching new heights, and the crucial role of compliance has taken center stage, as we heard from many conversations at the recent T3 Conference. With a projected 13% Compound Annual Growth Rate (CAGR) over the next few years, WealthTech […]
There’s always something about the freshness of a new year. It’s like the nostalgia from the first day of school: opening a box of #2 pencils, kids laughing and leather squeaking from all the new tennis shoes. The new year is a chance to restart, well, everything. And sometimes that’s a really good thing. Coming […]
