Get the latest facts on the new SEC marketing rule and understand what SEC guidance will be modified or withdrawn on the November 2022 compliance date.
Looking Back to Move Ahead: SEC Guidance and the New Marketing Rule
Nov 30, 2021 4:44:44 PM / by Karen Mauk posted in SEC, SEC Rule, SEC Updates, Compliance
Social Media Advertising and the New SEC Marketing Rule
Sep 14, 2021 12:53:09 PM / by Charles Black posted in SEC, SEC Rule, SEC Updates, Compliance
Wondering how to align your social media advertising strategy with the new SEC marketing rule? Get our advice here.
Reviewing and Approving Ads under the New SEC Marketing Rule
Aug 24, 2021 11:43:05 AM / by Cynthia Custer posted in SEC, SEC Rule, SEC Updates, Compliance
Struggling to implement an ad review and approval process in compliance with the new SEC marketing rule? Get help here.
Take Note: Form ADV, Recordkeeping, and the New SEC Marketing Rule
Aug 10, 2021 12:22:35 PM / by Cynthia Custer posted in SEC, SEC Rule, SEC Updates, Compliance
Get tips for meeting Form ADV and recordkeeping requirements under the new SEC marketing rule.
5 Stars: Third-Party Ratings and the New SEC Marketing Rule
Jul 27, 2021 2:58:04 PM / by Karen Mauk posted in SEC, SEC Rule, SEC Updates, Compliance
Confused about how the new SEC marketing rule differentiates between third-party ratings, testimonials, and endorsements? Get some clarity here.
Reality Check: Hypothetical Performance and the New SEC Marketing Rule
Jul 13, 2021 3:29:54 PM / by Charles Black posted in SEC, SEC Rule, SEC Updates, Compliance
Need help understanding what types of hypothetical performance are permitted by the new SEC marketing rule? Read on.
Performance Advertising and the New SEC Marketing Rule
Jun 29, 2021 12:45:00 PM / by Karen Mauk posted in SEC, SEC Rule, SEC Updates, Compliance
Learn about the requirements and restrictions for performance advertising under the new SEC marketing rule.
Thumbs-Up: Testimonials, Endorsements, and the New SEC Marketing Rule
Jun 15, 2021 7:30:00 AM / by John Williams posted in SEC, SEC Rule, SEC Updates, Compliance
Confused about which testimonials and endorsements the new SEC marketing rule permits? Get the plain facts here.
Leveraging Technology with the New SEC Marketing Rule
May 18, 2021 3:17:50 PM / by Bo J. Howell posted in SEC, SEC Rule, SEC Updates, Artificial Intelligence, Compliance Technology
Our last post on the new SEC marketing rule covered some basics, including the newly expanded definition of advertising and the seven general prohibitions that apply to all ads. In this post, we describe key ways technology can be leveraged to implement the new rule. Upcoming posts in this series will examine testimonials and endorsements, presentation of performance results, third-party ratings, record-keeping and Form ADV requirements, review and approval of advertisements, and overall best practices.
Reality Check: Introducing the New SEC Marketing Rule
May 4, 2021 7:30:00 AM / by Karen Mauk posted in SEC, SEC Rule, SEC Updates, Compliance
The new SEC marketing rule calls to mind the Peter Parker principle: "With great power comes great responsibility." (Any Spider-Man fans out there?) The marketing rule consolidates two outdated rules and accounts for updated technology, like social media. It was a long time coming, providing a much-needed update to advertising regulations in place since 1961 and cash solicitation rules in place since 1979. Now, advisers can choose whether to implement the rule on or after the effective date of May 4, 2021, or wait until the compliance date of November 4, 2022. But here's the catch: advisers who act now must comply with the rule in its entirety; that is, no cherry-picking some rule requirements and ignoring others. It’s a big decision, and advisers aren’t taking it lightly.
SEC Issues Proposal to Modernize the Advertising Rules
Feb 27, 2020 1:00:00 PM / by Joot posted in SEC, SEC Rule, Advertising
1961, Was it really a "good year?" Some of us couldn’t say for sure since we weren’t even born yet! For those of us that were, gas was about 27 cents/gallon. John F. Kennedy was President and about to deal with the "Bay of Pigs" debacle which would tarnish his first year in office. East German authorities closed the border between East and West Berlin and construction of the Berlin wall would commence. Pampers were introduced as the world’s first disposable diaper. Oh, and the Securities and Exchange Commission published the first rule on advertising!
Q&A: Client Relationship Summary (Form CRS)
Sep 5, 2019 11:45:00 AM / by Bo J. Howell posted in SEC Examinations, SEC Rule
Last week, Joot published an article on Regulation Best Interest and Form CRS (Customer or Client Relationship Summary). We heard from many of our readers about the article and we’re glad it was helpful. Some of you had great questions about the application of Form CRS and the definition of a “retail investor”. Below are our responses to your questions. Keep ‘em coming!