March 23, 2026
Here’s the problem most RIAs haven’t solved yet: you built your compliance manual for one regulator. The SEC. Your regulator. The one that shows up for exams, the one you’ve spent years […]
March 19, 2026
The SEC Just Rewrote Its Enforcement Playbook for the First Time Since 2017 On February 24, 2026, the SEC’s Division of Enforcement released the first major update to its Enforcement Manual since […]
March 17, 2026
Large advisers cleared their Reg S-P deadline in December 2025. If your firm manages under $1.5 billion in AUM, your date is June 3, 2026 and the gap closes faster than it […]
March 10, 2026
Most RIAs don’t build a compliance system. They build a practice, and compliance grows alongside it. In the early years, that works surprisingly well. A handful of advisors, a small operations team, […]
February 10, 2026
Most firms talk about SOC 2 when a prospect asks for it. That’s already too late. By the time a buyer sends over a vendor due-diligence checklist or an examiner asks how […]
February 2, 2026
On February 24, 2026, the SEC’s Small Business Capital Formation Advisory Committee will meet to continue discussions on the regulatory framework for “finders” and to examine the growing role of the private […]
January 23, 2026
On January 7, 2026, the Securities and Exchange Commission proposed amendments to how “small entities” are defined for investment advisers and investment companies under the Regulatory Flexibility Act (RFA). At first glance, […]
January 21, 2026
SEC enforcement activity fell to decade lows in fiscal year 2025. The Commission brought 313 enforcement actions, and total monetary settlements declined by approximately 45%, marking a clear departure from the prior […]
December 23, 2025
On November 21, 2025, Delaware’s Investor Protection Unit imposed a $995,180 penalty on Kovack Advisors for violations of the Delaware Securities Act. The enforcement action cited inaccurate Form U4 registrations, supervisory failures, […]
