States

George Michael Gerstein on podcast to discuss fiduciary-related regulatory developments

Fiduciary Governance Blog • February 21, 2020 February 21, 2020 • News • Tags: Best Interest, DOL, ERISA, ESG, Fiduciary Duties, Fiduciary Rule, Form CRS, Legislation, Maryland, Massachusetts, NAIC, Nevada, New Jersey, New York, Proxy voting, SEC, States

Human Capital: Stradley Ronon's Gerstein Dissects State Fiduciary Rule Race | ThinkAdvisor

In episode #9 of our Human Capital podcast, George Michael Gerstein tell us the latest on where the states’ fiduciary rules stand.

ThinkAdvisor

The implications for broker-dealers and investment advisers as Massachusetts and New Jersey gallop toward uniform standard of care

George Michael Gerstein • December 3, 2019 December 2, 2019 • News • Tags: Best Interest, Illinois, Legislation, Maryland, Massachusetts, Nevada, New Jersey, New York, States

@MarkSchoeff – As Massachusetts' uniform fiduciary proposal leaps closer to finalization, and NJ's substantially sim. proposal remains in wings, we face prospect of a new paradigm that other states follow. The potential implications are significant. More: https://t.co/XNUjjMN5IA

— Fiduciary Governance Group (@FidGovGroup) December 2, 2019

States focusing on subscription fees

George Michael Gerstein • November 8, 2019 November 6, 2019 • News • Tags: States

States considering rules for how advisers charge subscription fees - InvestmentNews

Guidance from NASAA likely to warn advisers not to charge monthly fee for advice alone.

InvestmentNews

Sara P. Crovitz

Sara Crovitz, most recently Deputy Chief Counsel and Associate Director of the U.S. Securities and Exchange Commission’s Division of Investment Management, provides counsel on all aspects of investment company and investment adviser regulation. She worked at the SEC for 21 years, including 17 years in the Division of Investment Management focusing on issues under the Investment Company and Investment Advisers Acts of 1940. While in the Division, Sara supervised the provision of significant legal guidance to the investment management industry through no-action and interpretive letters, exemptive applications, IM guidance updates and other written and oral means.

William T. Mandia

William Mandia represents financial institutions and insurers in complex commercial and class action litigation. He regularly defends and advises life insurers, intermediaries, banks, broker-dealers, investment advisers, and other financial services providers in connection with sales practices claims arising from a wide range of financial and life insurance products, including, but not limited to, claims for alleged breach of fiduciary duty, fraud, and violations of state consumer protection laws.

Peter M. Hong

Peter Hong uses his many years of service at the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) to guide clients through the various regulatory requirements involved in the offer of financial services and products. His practice includes the registration and regulation of investment advisers, broker-dealers, commodity trading advisers, commodity pool operators, and introducing brokers under federal and state laws, as well as the formation and ongoing compliance obligations of registered and private investment companies.