RegEd SmartCompli, Powered by InvestEdge, Delivers the Most Advanced, Comprehensive Solution in the Industry Today RegEd announced SmartCompli, which employs advanced technology and a proprietary data model that aggregates and normalizes trade, account and KYC data, from all major clearing and custody firms, as well as direct business. SmartCompli is integrated with RegEd’s market-leading Xchange Registration solution, enabling instant validation of advisor credentials to ensure that trades are made compliantly. This eliminates the need for firms to manage data exports on a continuous basis. Joe DiAngelo, EVP Sales at RegEd discussed the typical challenges confronting the industry. “Today firms have […]
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FAQs for IAR CE: What to Know About NASAA’s Investment Adviser Representative Continuing Education Model Rule
Several states have adopted and implemented investment adviser representative continuing education (IAR CE) requirements, while many other states continue to join them in implementing these new requirements. Once implemented, Investment adviser representatives have until the compliance date to meet IAR CE requirements if they conduct advisory business in a state that has adopted the North American Securities Administrators Association (NASAA)’s Investment Adviser Representative Continuing Education Model Rule. As an approved IAR CE provider, RegEd answers some of the most common questions that IARs and firms have about these first-time requirements. To see a map of adopted states, visit here. Implementing […]
Continue readingMore TagNew States Adopt NASAA IAR CE Model Rule, California Expected To Join
Investment adviser representatives (IARs) are required to meet Investment Adviser Representative Continuing Education (IAR CE) requirements annually if registered in a state that has adopted the North American Securities Administrators Association (NASAA)’s Investment Adviser Representative Continuing Education Model Rule. There are currently eleven (11) states that have adopted and implemented the IAR CE requirement. An additional four (4) states have adopted the IAR CE model rule with an implementation date of Jan. 1, 2024, among them is the state of Florida. More states, including California, are expected to adopt IAR CE requirements this year. With the possible addition of California, […]
Continue readingMore TagSEC Releases Risk Alert on Adviser Marketing Rule Outlining Key Areas of Focus for Examinations
The Securities and Exchange Commission (SEC) recently published a risk alert highlighting additional areas of focus in relation to the amended Marketing Rule. In 2020, Rule 206(4)-1 under the Investment Advisers Act of 1940 was amended to modernize rules that govern investment adviser advertisements and payments to solicitors. The first risk alert was published September of 2022 and detailed performance advertising, substantiation, policies and procedures, and books and records requirements. In addition to the initial Marketing Rule exam areas of review, the recent alert emphasizes three key areas of additional emphasis: testimonials and endorsements, third-party ratings, and Form ADV. The […]
Continue readingMore TagFINRA Introduces New Remote Inspections Pilot Program
Three-Year Pilot Program Seeks to Modernize Inspection Process for OSJs, Branch Offices, and Non-Branch Locations The Financial Industry Regulatory Authority (FINRA) has withdrawn its original remote inspection pilot program from 2022 and proposed a new pilot initiative. This revised program aims to bring the inspection process for Office of Supervisory Jurisdiction (OSJ), branch offices, and non-branch locations into the modern era. The proposed pilot program is currently open for public comment. Risk Assessments and Preaudit Questionnaires The pilot program, which is set to last for three years if approved by the Securities and Exchange Commission (SEC), would require participating firms […]
Continue readingMore TagRegEd Hosts Tenth Annual Client Conference
The conference agenda featured sessions united around best practices to tackle pressing challenges in today’s demanding business and regulatory environment. RegEd, the leading provider of compliance technology solutions to the financial services industry, hosted its tenth annual RegEd Compliance Alliance (RCA) Client Conference in Fort Lauderdale, FL on April 3rd – 5th, 2023. Compliance, licensing and registration, and operations professionals from the nation’s leading financial services firms gathered at the conference to share best practices, build critical knowledge across a range of topics, and interact with regulators and industry experts. The conference included substantive sessions, panel discussions and expert presentations […]
Continue readingMore TagFrank Brienzi Appointed as CEO of RegEd
Seasoned industry veteran to take the reins and lead RegEd to its next level of growth as John Schobel assumes board position to focus on strategic imperatives and M&A. RegEd, the market-leading provider of enterprise regulatory compliance solutions to insurance companies and financial services firms, is pleased to announce that Frank Brienzi, an industry executive with 35 years’ experience driving growth in large and mid-market companies, will assume the role of CEO of RegEd. RegEd is a portfolio company of Gryphon Investors, a leading middle-market private equity firm. Brienzi is a highly accomplished business leader with significant CEO experience. […]
Continue readingMore TagRegEd Named to 2023 RegTech 100 as Leading Innovator by FinTech Global
The annual list identifies the world’s most innovative providers in the regulatory technology market that are helping financial institutions address their most pressing compliance and risk management challenges. RegEd, the leading provider of regulatory compliance and credentialing solutions for the financial services industry, has announced that it has achieved placement in the 2023 RegTech 100 list. The list, presented annually by FinTech Global, recognizes the most groundbreaking companies in the RegTech space. “We are thrilled to be recognized as one of the leading innovators in our industry,” said John M. Schobel, CEO & Founder of RegEd. “RegEd is committed to […]
Continue readingMore TagRegEd Appoints Ponce Kenton as Chief Technology Officer
Technology strategist and product development veteran to drive the continued advancement of RegEd’s enterprise compliance and credentialing solutions RegEd, the market-leading provider of enterprise regulatory compliance solutions to banks, broker-dealers, insurance companies and brokers, is pleased to announce its appointment of Ponce Kenton to the role of Chief Technology Officer (CTO). In this role, Kenton will direct RegEd’s technology strategy and drive continuous innovation across RegEd’s Compliance, Licensing and Credentialing solutions portfolio. “As client expectations for technology-enabled efficiency continue to evolve, a chief technology officer that is an innovation agent with highly disciplined execution is critical to our continued success,” […]
Continue readingMore TagRegEd to Participate in 2022 SILA National Education Conference
The Diamond Sponsor will exhibit its next-generation Agency Contracting solution, which delivers a single solution for all distribution channels and enables rapid onboarding of agencies and agents to speed time to market. RegEd, the leading provider of compliance technology solutions to the financial services industry, including Xchange, the market-leading Enterprise Licensing and Registration solution, is proud to be a Diamond Level Sponsor of the 2022 SILA National Education Conference, held from Oct. 23-26, in Seattle, Washington. The conference provides more than 30 substantive sessions and an educational forum for attendees to address current industry challenges, discuss licensing and registration best […]
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