Form ADV Part 2: Identifying and Disclosing Conflicts
January 31, 2012
1:00 PM – 3:00 PM ET
In 2010, the SEC approved the new Form ADV Part 2, a "plain English" narrative approach to client disclosure, which was put into effect in 2011. The adopted rule changes require investment advisers to file their brochures electronically and the public has access to these brochures via the IAPD. This course will examine the form’s 19 specific potential disclosure topics, including advisory business, fees and compensation, disciplinary events and brokerage practices. In addition, the panel will delve into the mechanics of the "brochure supplement" requirement, which is a résumé-like disclosure for each individual providing advice to a client.
The session will also address:
- How to identify conflicts of interest within the framework of Part 2
- Guidance for disclosing conflicts of interest, compensation arrangements, fee structures, soft dollars arrangements and more
- The implications of public access to your firm’s brochure on the Investment Adviser Public Disclosure (IAPD) website
For Whom: Chief Compliance Officers, Legal counsel, Compliance Staff at all levels, Management, Auditors
Suggested Skill Level: Basic to Intermediate
Instructional Method: Group-Internet-Based and Group-Live
Pre-requisites for participation: No prerequisites are required. However, attendees can benefit by reviewing the Investment Advisers Act of 1940 to become familiar with the structure and terms, and the SEC adopting release IA-3060 Amendments to Form ADV (July 28, 2010).
Continuing Education Credits:
See NRS Continuing Education Guide
Recommended CPE Credit: 2
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