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Events

Webinar

Understanding Fiduciary Duties and the Sweep of the Anti-Fraud Provisions of the Advisers Act

Friday, November 08, 2013 - Friday, November 08, 2013
05:00 am London - 06:00 am London

National Regulatory Services presents a webinar to address some of the more expansive SEC rules promulgated pursuant to Section 206 that define the parameters of an adviser’s fiduciary duties.  Foremost among them, Rule 206(4)-1, “the Advertising Rule”, which prohibits certain advertising practices by advisers.  Advertising must not be false or misleading and must not contain any untrue statement of a material fact. Advertising, like all statements made to advisory clients and prospective clients, is subject to the general prohibition on fraud under Section 206. 

After attending this course, attendees should be able to: 

  • Incorporate fiduciary duty requirements into the firm’s ongoing and continuous compliance obligations

  • Provide examples of how fiduciary duty impacts advisory operations

  • Identify extra disclosure requirements for pooled investment vehicles

  • Distinguish between principal and agency cross transactions

  • Use the specific SEC advertising rule and performance presentation requirements to accurately disclose the firm’s operations and performance

  • Identify important and diverse SEC no-action letters covering advertising and performance to gain guidance beyond the rule requirements 

Paul Hastings partner Mitchell Nichter is a featured speaker for this program.

For additional information and to register, visit