Author: The Securities Compliance Team
Electronic Signatures in Securities Transactions
Posted in Business & Commercial Law, Investment Management & Securities
As we continue to assist Advisors during examinations conducted by the United States Securities and Exchange Commission (the “SEC”), we have noticed questions related to the Advisors’ use of electronic signatures. Earlier this week, we provided guidelines for Advisors using electronic signatures in securities transactions. The legality of electronic signatures… Continue reading
To Sign or Docu-Sign, That is the Question
Posted in Business & Commercial Law, Investment Management & Securities
On November 17, 2020, the U.S. Securities and Exchange Commission (the “SEC”) adopted amendments to Rule 302(b) of Regulation S-T that permits individuals to sign the signature page or other document (“Authentication Document”) with an electronic signature. The amendment allows flexibility in complying with the Authentication Document requirements by providing… Continue reading
New York Investment Adviser Representatives Now Subject to Registration
Posted in Investment Management & Securities
On December 1, 2020, the New York Attorney General announced amendments to the New York Investment Advisory Act (the “Rules”) that will require investment adviser representatives (“IARs”) to register with the state of New York. If you render investment advice from a place of business in New York, now is… Continue reading
COVID-19: Balancing Privacy Laws and Privacy Rights with Public Welfare
Posted in Securities Compliance & Arbitration
The presence of the Novel Coronavirus (“2019-nCoV” or more commonly known as “COVID-19”) is unprecedented in modern day times, as most of us have never experienced a global health threat. There are many unknowns with COVID-19 including, to what extent businesses are permitted to collect and share personal information and… Continue reading
