The Securities and Exchange Commission (SEC) has announced its 2014 examination priorities based on both internal and external communications, data, tips, complaints, referrals, and more. These are the areas the SEC will examine throughout the year because they have been flagged as areas with heightened risk, but they could be modified as needed. For 2014, the following … [Read more...]
Raising Capital Through Crowdfunding
The search for capital has been significant among the business community. As the recession reared its ugly head in 2007 businesses started to see capital tightening up and were unable to get the standard loans and lines of credit they counted on for help with cash flow, equipment purchases and expansion. Large investors saw a crimp in their disposable cash as they had to shore … [Read more...]
Why Some are Fearful of Social Media
In the financial services industry, compliance departments are up in arms because of industry rules requiring firms to retain records of all the social media conversations that their advisors are having. The Securities and Exchange Commission has been reported to be conducting a sweep of registered investment advisers' use of social media and social networking (Investment … [Read more...]