Author Bo Howell
Joot, Cofounder, CEO
Bo has over 10 years of experience as a securities lawyer and chief compliance officer. He has served in roles with SEC-registered investment advisers, registered and unregistered investment companies, and broker-dealers. Bo has worked at the SEC’s Division of Investment Management, a Fortune 500 financial services company, and an innovative technology-driven law firm. He is also the owner of FinTech Law, a technology-driven law firm focused on financial services and technology companies. Bo is a U.S. Navy veteran.
Cybersecurity: A Question of When, Not If, Your Company Will Fall Victim
Financial firms, including broker-dealers and registered investment advisers, are at a high risk of cybersecurity attacks primarily because they control both their own data and the sensitive data related to clients.
Business Continuity Planning: A Real-World Test
Ever since the SEC and other regulatory bodies (i.e., FINRA) identified the possibility of “significant business disruptions” many years ago and mandated that registrants create, maintain, and test a Business Continuity Plan (“BCP”), these plans have rarely been taken very seriously until they are needed.
Implementing the New Form CRS: Don’t Overlook the Details
In June 2019, the SEC announced Regulation Best Interest (Reg BI), the long-awaited standard that was meant to be the industry’s answer to the now-vacated Department of Labor Fiduciary Rule.
Rise of the Machines, Part 2: Changing Portfolio Management
In Part 2, we dive deeper into the key adaptations of an investment advisor. Specifically, we look at how automation is changing portfolio management and what future portfolio managers should expect.
SEC Issues Proposal to Modernize the Advertising Rules
Over the years, the industry has been grappling with the limitations of the outdated rule and the SEC has been responding by issuing "no-action letters" and enforcement actions, which have done nothing more than show that "guidance" has been overshadowing the actual rule for quite some time.
Rise of the Machines, Part 3: How Big Data is Changing More Than Just Portfolio Management
In Part 3, we talk about how asset managers are going to need to harness the power of big data to keep up with regulatory requirements.