Banking and Finance

Recent Posts

Intent and the Advertising Rule for Investment Advisers
Posted on 14 Apr 2011 by Doug Cornelius

In its prohibition against fraud, deceit and manipulation, Section 206 of the Investment Advisers Act is strict. There is no requirement of intent. You can argue that you didn't mean to mean to commit fraud. That may affect whether you get referred... Read More

Fees and Performance Results for Advisers and Fund Managers
Posted on 25 Apr 2011 by Doug Cornelius

Section 206 of the Investment Advisers Act prohibits fraud, deception or manipulation, regardless of whether the fund manager is registered. Once registered, Rule 206(4)-1 imposes additional restrictions on advertising that the SEC has determined... Read More

Is It an Advertisement?
Posted on 13 Apr 2011 by Doug Cornelius

Section 206 of the Investment Advisers Act prohibits fraud, deception or manipulation, regardless of whether the fund manager is registered. Once registered, Rule 206(4)-1 imposes additional restrictions on advertising that the SEC has determined... Read More

  • Blog Post: Is It an Advertisement?

    Section 206 of the Investment Advisers Act prohibits fraud, deception or manipulation, regardless of whether the fund manager is registered. Once registered, Rule 206(4)-1 imposes additional restrictions on advertising that the SEC has determined would be fraudulent deceptive or manipulative. ...
  • Blog Post: Intent and the Advertising Rule for Investment Advisers

    In its prohibition against fraud, deceit and manipulation, Section 206 of the Investment Advisers Act is strict. There is no requirement of intent. You can argue that you didn't mean to mean to commit fraud. That may affect whether you get referred to enforcement instead of merely getting hit...
  • Blog Post: Fees and Performance Results for Advisers and Fund Managers

    Section 206 of the Investment Advisers Act prohibits fraud, deception or manipulation, regardless of whether the fund manager is registered. Once registered, Rule 206(4)-1 imposes additional restrictions on advertising that the SEC has determined would be fraudulent, deceptive or manipulative. ...