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.