Happy New Year to all and Welcome to Thompson Hine’s newest blog offered as a service to those in the investment management and broker-dealer communities.

What a better way to begin this blog then discussing the problems that arise for RIAs and BDs at this time of year. The first and most pressing for RIAs and BDs are the regulatory requirements many RIAs and BDs undergo at the beginning of their fiscal year to review their compliance and operational procedures. Further, RIAs and BDs are also, usually, in the middle of the preparation for their annual audits. This year has added the effect of a new administration with a new agenda.

We strongly urge all those involved in this process to contact seasoned securities counsel to assist in ensuring a smooth as possible process. At Thompson Hine, we remain ready to offer our help to make this process as efficient as it can be.

Photo of Ernie Badway Ernie Badway

Ernie is a partner in the Business Litigation and Investment Management practice groups. He advises clients on a broad range of business matters, including securities, commodities, private equity and hedge fund, broker-dealer and investment advisers, corporate governance, partnership and shareholder disputes, and minority…

Ernie is a partner in the Business Litigation and Investment Management practice groups. He advises clients on a broad range of business matters, including securities, commodities, private equity and hedge fund, broker-dealer and investment advisers, corporate governance, partnership and shareholder disputes, and minority shareholder oppression litigation. He represents clients in internal investigations; civil regulatory investigations and actions before the SEC, states, and SROs; civil litigation; and white-collar criminal matters. Ernie counsels clients on the creation of cryptocurrency exchanges, alternative trading systems, broker-dealers, investment advisers, commodity trading advisers, futures commission merchants, introducing brokers, hedge and private equity funds, and commodity pool operators as well as on compliance and regulatory matters relating to their operations. Ernie also assists clients in using ICOs and SAFTs to fundraise, as well as those clients who invest in digital currency, NFTs, and the operation of digital currency funds.