On November 4, all registered investment advisers will be required to be in compliance with the U.S. Securities and Exchange Commission's (SEC) new Marketing Rule,[1] promulgated under the Investment Advisers Act of 1940.
SEC to Inspect Firms for Compliance With New Advertising and Solicitation Rule - November 4 is the compliance date for the new rule governing advertising and solicitation.
On September 19, 2022, the Division of Examinations ("EXAMS") of the Securities and Exchange Commission ("SEC") released a Risk Alert ("Risk Alert")[1] relating to the new investment adviser.
SEC Modernizing Investment Adviser Advertising natlawreview.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from natlawreview.com Daily Mail and Mail on Sunday newspapers.
always do so. there s nothing that s going to prohibit that. these are rules against what we call solicitation. even if federal law didn t apply, an american lawyer is always bound by whatever state he practices in. that state is going to have individual rules about, ethically what lawyers can do when they solicit potential clients. that s going to apply to any american lawyer irrespective of what state he s in. even though you said i d be real careful if i were a lawyer of course, i am a lawyer. you re a lawyer, and a careful one at that, and a profess professor. do you suspect, though, that there will this be onslaught of the typically called ambulance chasing lawyers now that they ve passed the 45-day mark? oh, absolutely. the reason for this solicitation rule is that when people are in grief over a tragedy, you don t want these lawyers swooping in to try to take advantage of them when they re emotionally distraught. the chicago firm at the forefront of this hired a chines