How to negotiate fees with your investment adviser

Hiring an investment adviser can be a confusing process. Unlike commodities, in which the market price is readily available and there’s little variation from one producer to the next, investment advisory services come with significant variation in price, quality and services provided. So consumers should be willing to negotiate. Unfortunately, too few do, even though many […]

Before You Roll Over Your 401(k), Read This

Wall Street has done a remarkably thorough job of brainwashing investors into rolling their old 401(k) accounts into individual retirement accounts. IRA rollovers are certainly a better option than cashing out, which is the stupidest thing you can do with a 401(k) account other than not fund it in the first place. But moving money […]

OCIE Issues Risk Alert Regarding Compliance Topics Frequently Identified in Deficiency Letters

The SEC’s Office of Compliance Inspections and Examinations (OCIE) issued a Risk Alert concerning the compliance topics most frequently identified in deficiency letters that OCIE has sent to SEC-registered investment advisers during the past two years. The five most frequently identified deficiencies or weaknesses concerned the following Advisers Act rules and requirements generally: (1) Rule […]

Annual Update of Form ADV

Thompson Hine is pleased to invite you to listen to the second episode of Market Matters, our podcast series that explores legal and regulatory issues affecting the investment management industry.This episode features Cassandra Borchers, a partner in Thompson Hine’s Investment Management practice group, discussing the annual update of Form ADV for registered investment advisers and […]

US Commodity Futures Trading Commission Issues Time-Limited No-Action Transition for March 1, 2017 Compliance Date for Variation Margin and No-Action Relief from Minimum Transfer Amount Provisions

US Commodity Futures Trading Commission’s Division of Swap Dealer and Intermediary Oversight (DSIO) issued a time-limited no-action letter (CFTC staff letter 17-11) which provides that, from March 1, 2017 to September 1, 2017, DSIO will not recommend an enforcement action against a swap dealer for failure to comply with the variation margin requirements for swaps […]

FEG raises $194.5 mln for third private capital fund of funds

Fund Evaluation Group LLC affiliate FEG Private Investors has closed its third private capital fund of funds at $194.5 million, beating its $175 million target. The limited partners of FEG Private Opportunities Fund III LP include foundations, endowments, pension plans, educational institutions and religious institutions. PRESS RELEASE FEG Private Investors, LLC, an affiliate of Fund […]

Caterpillar Inc. Files Forms 4

Caterpillar Inc. (NYSE: CAT/Euronext: CATR) informs its stockholders that on March 1, 2017, in accordance with Section 16(a) of the U.S. Securities Exchange Act of 1934, as amended, one Form 4 was filed with the U.S. Securities and Exchange Commission (“SEC”) with respect to beneficial ownership of Caterpillar Inc. stock.  Also, on February 28, 2017, […]