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.
Did AI Just Result in 13 Settlements?
At the beginning of June, the SEC announced settlements against 13 private fund advisers for failing to provide the required information in Form PF.
8 Things You Need to Know About the Liquidity Rule
Learn more about the rule most people simply refer to as the “liquidity rule”, but its technical name is Rule 22e-4: Investment Company Liquidity Risk Management Programs.
SEC Decides It's Time to Help Investors Understand the Difference between Brokers and Advisers
The SEC has finally proposed a rule that will help clarify the distinction between brokers that refer to themselves as "financial advisors" and investment advisers.
Liquidity Is Out, ETFs Are In
The SEC’s stance on its not-yet-effective liquidity rule appears fluid, as commissioners push to abandon part of the rule and certain division heads move on to other topics.
NYAG: Retail Investors Really Care about Active Share
On April 5, 2018, the New York Office of the Attorney General (NYAG) announced that it had completed an investigation into 14 large fund families, including some of the largest asset management firms in the world.
Artificial Intelligence in Investment Management Part 2: The Service Providers
In this second post of our three-part series, we discuss how AI systems are being used by service providers and the impact of those systems on asset managers.
The SEC Is Nervous About Options
On February 23, 2018, Commissioner Kara M. Stein gave a speech about broad ethical and economic considerations regarding the rapid advances in financial product innovation, which appears to be accelerating as financial firms increasingly use technology to expand their product line and deepen their reach into retail markets.