WSP/CoE Section Update – Mutual Fund Share Class Selection

$250.00

This sample written supervisory procedure/compliance manual section for an investment adviser firm which recommends mutual funds and is dually registered as an investment adviser/broker-dealer or has an affiliate that is a broker-dealer or supervised person who is a registered representative. This sample Mutual Fund Share Class section prohibits receipt of 12b-1 trails and outlines process for selecting/documenting a selection of a share class that is not the least expensive available.

 

Please understand that this is merely a sample or template written supervisory procedure/compliance manual section. It has not been customized to your investment adviser firm or your regulator’s requirements. It’s not a substitute for working with an investment adviser compliance professional. You will need to carefully review and finalize this sample supervisory procedure/compliance manual section for your investment adviser firm before you start to utilize it. For additional details about the limitations of this sample document, please refer to the disclosure page with the sample written supervisory procedure/compliance manual section.

 

This sample written supervisory procedure/compliance manual section is delivered via the purchaser’s online subscription account with RIA Compliance Consultants. If the purchaser does not have an online subscription account, after the purchase, the purchaser will receive a follow-up email directing the purchaser to establish online subscription account. This step will need to be completed before our systems can deliver the sample document. For an instructional video, please visit http://ria-compliance-consultants.com/subscription-account-demo/

 

Included with Bronze, Silver, Gold and Platinum Packages. Initially posted in March 2018.

Description

This sample written supervisory procedure/compliance manual section for an investment adviser firm which recommends mutual funds and is dually registered as an investment adviser/broker-dealer or has an affiliate that is a broker-dealer or supervised person who is a registered representative. This sample Mutual Fund Share Class section prohibits receipt of 12b-1 trails and outlines process for selecting/documenting a selection of a share class that is not the least expensive available.

Please understand that this is merely a sample or template written supervisory procedure/compliance manual section. It has not been customized to your investment adviser firm or your regulator’s requirements. It’s not a substitute for working with an investment adviser compliance professional. You will need to carefully review and finalize this sample supervisory procedure/compliance manual section for your investment adviser firm before you start to utilize it. For additional details about the limitations of this sample document, please refer to the disclosure page with the sample written supervisory procedure/compliance manual section.

Included with Bronze, Silver, Gold and Platinum Packages. Initially posted in March 2018.