Chris Stanley

You know you spend too much time in your email inbox when the faint outline of it is literally burned-in to your computer monitor. Don't ask me how I know.

An adviser must redeliver Form CRS to an existing client before or at the time the adviser: 📨 Opens a new account that is different from the client's existing account(s); 📨 Recommends that a client roll over assets from a retirement account to a new or existing account or

Time will tell what proposed and final SEC rules may be withdrawn, but I think a lot of advisers would be happy if the ones highlighted in the screenshot die on the vine (especially #13). https://t.co/2KXpTrEvO6 Notably not on the list: 1. Regulation S-P: Privacy of Consumer https://t.co/9ZrqJ70gJE

Paul Atkins confirmed as next SEC Chair

U.S. Senate Banking Committee GOP @BankingGOP

Chairman @SenatorTimScott’s statement on the confirmation of Paul Atkins to serve as Chairman of @SECGov: 🔗https://t.co/A9dHL8FChT https://t.co/3dRMIf93Jd

There is one silver lining for SEC-registered advisers that are now below $90M in AUM due to the recent market dip, and worried they may have to transition to state registration: You have until the time you file your 2026 annual ADV amendment to hit at least $90M in AUM to

PSA for anyone using a virtual meeting transcription service that auto-joins all meetings and emails the transcription to all attendees: Any pre-meeting 'banter' with your colleagues before the counterparty joins may also be transcribed and emailed to said counterparty.

Preach! 🇺🇸 "The current regulatory environment for our financial system inhibits investment and too often punishes success. Unclear, overly politicized, complicated, and burdensome regulations are stifling capital formation, while American investors are flooded with disclosures

Reuters pegs SEC staff voluntary departures (i.e. buyouts) at about 12% - or 500 to 700 staffers; additional forthcoming involuntary departures are TBD. Leases on the SEC's Philadelphia and Los Angeles regional offices are also set to terminate (and potentially the Chicago

I'm so sick of posting updates about the !@#$% FinCEN Beneficial Ownership Information reporting rule, but hopefully this will be the last one for a while (or forever): All U.S. companies and U.S persons are now exempt from FinCEN BOI filing obligations, as the requirement now https://t.co/lx80QAtCNA

I've officially reached the "listening to Darude/Sandstorm on loop" phase of annual ADV amendment season... 🤘🎧. Go time. https://t.co/2IXLPnDOUc

The latest edition of On The Docket is out! → The SEC takes yet another action against an adviser for allegedly violating its whistleblower protection rule → Acting Chairman announces new Crypto Task Force → The FinCEN Beneficial Ownership Information reporting saga

Want to see what the Federal Registrar looked like in 1961 when the original recordkeeping rule was adopted by the SEC? It was apparently adopted alongside "Plums grown in California: Grade and size regulation" and "Explosives and other dangerous articles; miscellaneous https://t.co/a1AdIGUu82

Let's play "which one of these services is not like the others" on the Georgia Secretary of State - Securities Division website: https://t.co/N38AA765DL

💯 The same can be said of every SEC policy directive, not just crypto

Hester Peirce @HesterPeirce

Enforcement is an important tool for the SEC, but it's not the right tool for crafting policy: https://t.co/eaa1gXkt6w

The latest in the FinCEN beneficial ownership information reporting saga: filing obligations won't be enforced and another interim final rule is apparently forthcoming by March 21 ↓ https://t.co/eI1kmXXPDB

Treasury Department @USTreasury

The Treasury Department is announcing today that, with respect to the Corporate Transparency Act, not only will it not enforce any penalties or fines associated with the beneficial ownership information reporting rule under the existing regulatory deadlines…

I don't know why I haven't asked this earlier: Why on earth does the Form U4 require advisors to list their height and weight? It seems to me that neither the regulatory bodies the Form U4 is filed with (nor the internal or external compliance personnel that file Form U4s on