Sadis’ Regulatory Defense & Compliance Group provides a full range of services to assist clients to meet on-going compliance obligations and helps prepare clients for actions taken by federal and state authorities, including: actions and examinations initiated by the SEC, FINRA, the CFTC, the NFA and state regulators.
We serve registered and unregistered investment advisers, broker-dealers, commodity pool operators and commodity trading advisers, among others. Our lawyers help to develop and review compliance policies, provide guidance and counsel and, via mock audits and reviews, monitor existing in-house policies and procedures to identify and remediate areas of potential concern.
SEC COMPLIANCE FILINGS
We prepare initial and amendment filings for various SEC filings, including: Form ADV, Form PF, Form D, Form 13D, Form 13G, Form 13F, Form 13H and Section 16 filings.
CFTC/NFA COMPLIANCE FILINGS
We also prepare initial and amendment filings for CPOs and CTAs, including: Form 7R, Form 8R, Form PQRs, Form PRs, annual questionnaire filings and exemption filings under 4.13(a)(3) and Rule 4.7 of Commodity Exchange Act of 1936.
FINRA FILINGS
We also prepare initial and amendment filings for FINRA member firms, including: Form U-4s, Form U-5s, and CMA filings under FINRA Rule 1017. Moreover, we also assist with Form ATS and Form BD filings.
SEC COMPLIANCE FOR REGISTERED INVESTMENT ADVISERS
We form registered investment advisers under the Investment Advisers Act of 1940, and assist Chief Compliance Officers with their initial and on-going compliance requirements, including: drafting and testing compliance polices relating to hot topics identified by the SEC, including: cybersecurity, ESG practices, marketing rules, soft-dollars, principal transactions and expense sharing between fund clients.
MOCK COMPLIANCE EXAMINATIONS
We conduct tailored mock examinations for clients relating to their required books and records under the relevant regulations. Moreover, we conduct mock interviews for our client, simulating current questions by regulators relating to actual examinations by federal and state regulators.
FAQS: REGULATORY COMPLIANCE LAW
Q: What is the role of a compliance attorney in helping businesses meet regulatory requirements?
A: A compliance attorney guides businesses in understanding and adhering to complex federal, state, and industry regulations by developing compliance programs, conducting audits, preparing mandatory filings, and advising on risk management to prevent violations.
Q: When should a company engage a regulatory compliance attorney?
A: Companies should engage a regulatory compliance attorney when setting up or updating compliance policies, preparing for regulatory audits by agencies like SEC or FINRA, responding to regulatory inquiries, or navigating new laws that impact their operations.
Q: How does a regulatory compliance attorney assist with mock compliance examinations?
A: Regulatory compliance attorneys conduct mock audits and interviews simulating regulatory scrutiny to help businesses identify weaknesses in their policies and records, allowing proactive remediation ahead of official exams.
Q: What services do compliance attorneys provide to registered investment advisers?
A: Compliance attorneys help registered investment advisers form compliant entities, draft and maintain compliance policies on topics like cybersecurity and marketing, assist with SEC filing obligations, and offer ongoing legal support to chief compliance officers.
Q: How can a compliance attorney support a business during regulatory enforcement investigations?
A: Compliance attorneys represent businesses in regulatory enforcement matters, guide responses to investigations and audits, negotiate settlements or penalties, and develop corrective action plans to minimize legal exposure and ensure future compliance.
