Communications
The only social networking site that employees are allowed to use for business purposes.
What is LinkedIn?
This is when an employee trades securities based on material information that is not available to the public.
What is insider trading?
This person is required to review all speaking engagement materials and information given to the media.
Who is the CCO?
These are the things that we have to ensure are being sent to clients in order to demonstrate transparency in client account holdings and balances
What are custodial statements?
This is when a customer is unhappy and tells you so.
What is a complaint?
This band is the greatest rock band of all TIME!!!!!
What is Pearl Jam?
This person is required to review any changes you make to your LinkedIn profile prior to use and must pre-approve any posts you want to make in LinkedIn.
Who is the CCO?
When all clients get the same price for a security when sold at the same time
What is block trading?
US law to identify and prevent money laundering
What is USA Patriots Act?
These are the 3 documents that must be handed out to prospects prior to becoming clients.
What is Form ADV 2A (Firm Brochure), Form ADV 2B (Advisor's Brochure(s), and Privacy Notice?
The type of account registration that will not constiture custody when standing instructions are set up
What are like to like registered Accounts?
These are the number of European Union clients we can have before we have to enroll in the EUGDPR program
What is zero?
The duty that requires us to act in the best interest of our clients.
What is fiduciary?
The firm is deemed to have this if it or any of its employees is a trustee for a client.
What is custody?
This is required with respect to compensation and fees as a result of the DOL rule 408(b)(2).
What is disclosure?
The business continuity plan states that we would go to this place and work in the event of an emergency.
What is work from home?
This document summarizes our services to be provided to our clients and must be reviewed on an annual basis.
What is an investment management agreement?
This was created to prevent unlawful trading and promote ethical conduct by employees.
What is code of ethics?
This form of communication is reviewed monthly on a sample basis.
What is email?
This is a list that includes names of companies in which employees are not allowed to trade stock.
What is the restricted list?
This is the rule that requires the firm to monitor political contributions.
What is the Pay to Play rule?
The document that every registered investment adviser must deliver to each prospective client which describes the background and business practices of the adviser.
What is ADV part II/Brochure?
The document that summarizes a client’s goals, objectives, investment restrictions, risk profile, among other things.
What is an IPS (Investment Policy Statement)?
No supervised person shall acquire any beneficial ownership in this type of security.
What is an IPO?
These two types of electronic communications are prohibited from use for business purposes because they cannot be retained and reviewed.
What are text and instant messaging?
This is when an advisor places a trade in his/her personal account(s) prior to placing trades for the same security in a client's account(s).
What is front running?
You must have approval before engaging in this.
What is an outside business activity?
The document we are required to provide to all prospects before becoming a client which describes how the organization collect, uses, retains and discloses personal information.
What is the privacy notice?
The Act that requires SEC registered investment advisers to maintain policies and procedures to enhance compliance with federal securities laws.
What is the Investment Advisers Act of 1940?
This policy says that all employees are not only expected to, but are required to report their concerns about potentially illegal conduct, as well as, violations on Aprio's policies.
What is the Whisleblower Policy?