Doug Cornelius on compliance for private equity real estate
Pump and Dump schemes brought the fiduciary standard to light. In SEC v Capital Gains Research Bureau the US Supreme Court said a pump and dump scheme by an investment adviser violated its fiduciary duty. More recently, the SEC published an investor alert about Social Media and Investment Fraud. There is a lot of different … Read more »
The Securities Exchange Commission published an update to Form ADV last week. I’m going to devote this week’s stories to some of the new requirements. Today, I’m looking at reporting of social media. Item 1.I of Part 1A of Form ADV currently requires registered investment advisers to list their websites. The SEC is casting a wider … Read more »
This morning I presented to the Association of Legal Administrators. They asked me to give the view as a lawyer, law firm client, former legal administrator and blogger on what law firms should know about web 2.0. I also mixed risks, policies and compliance issues. The crowd was a diverse bunch in terms of how … Read more »