More On Legal & Compliance
from The Advisor's Professional Library- Client Communication and Miscommunication RIA policies and procedures must specify what type of communications should be retained. The safest course of action is for RIAs to retain all communications—to clients, from clients, and about client accounts. To comply with fiduciary obligations, communications must be thorough and not mislead.
- Disaster Recovery Plans and Succession Planning RIAs owe a fiduciary duty to clients to prepare for disasters and other contingencies. If an RIA does not have a disaster recovery plan, clients’ financial well-being may be jeopardized. RIAs should also engage in succession planning, ensuring a smooth transaction if an owner or principal leaves.
New Date: Feb. 10, from 10 AM to 12 Noon
(Due to the blizzard in New York, this live event and webcast was postponed from Jan 27.)
AdvisorOne readers are invited to attend a live event or view a live webcast on Feb. 10, from 10 AM to 12 Noon Eastern time, that will explore the ramifications for advisors of all kinds and their partners of the SEC's study on extending the fiduciary standard to all advice givers.
Presented by The Center for Financial Services at New York Law School and The Committee for the Fiduciary Standard, with AdvisorOne.com as media partner, the interactive discussion will be held at and webcast live from New York Law School in downtown New York City. Live or webcast attendees for the free event--“The SEC Study Regarding Obligations of Brokers, Dealers, and Investment Advisers: What Does It Mean for Investors, Firms, Brokers, and Advisers?”--will be able to e-mail their questions to the panel participants.
Held at the Law School's Auditorium at 185 West Broadway in lower Manhattan from 10 AM to 12 Noon on Feb 10, the distinguished panelists include Tom Bradley, president of TD Ameritrade Institutional (left), who will provide keynote remarks for the discussion. The panel will be moderated by Tara Siegel Bernard, personal finance reporter for The New York Times.
Other scheduled speakers at the event are:
James Fanto, Professor, Brooklyn Law School
Thomas Selman, Executive VP for Regulatory Policy, FINRA
Michael Koffler, Partner, Sutherland Asbill & Brennan
Robert Colby, Partner, Davis Polk & Wardwell; former SEC Deputy Director of Market Regulation
Knut Rostad, Chairman, The Committee for the Fiduciary Standard
To attend the free event in person, please contact adrienneanthony@evenskykatz.com, and be sure to include your name and affiliation.
To view the webcast, please register here.
Following the event, look for reports on the discussion on AdvisorOne.
