Author: John Han

John Han focuses his practice on regulatory advice, counseling and defense for broker-dealers and investment advisers. Immediately prior to joining the firm, John served as in-house counsel at LPL Financial, a registered investment adviser and one of the largest broker-dealers in the country. Prior to that, he spent a decade as an enforcement attorney at the Financial Industry Regulatory Authority. John began his career as a criminal prosecutor at the New York County District Attorney’s Office. View Mr. Han's full bio *Licensed in New York. Practicing in North Carolina pursuant to Rule 5.5(e) of the North Carolina Rules of Professional Conduct.

The Clock is Ticking for Investment Advisers to Self-Report Mutual Fund Share Class Violations

John HanBlog, SCSD Initiative, SEC

On February 12, 2018, the U.S. Securities and Exchange Commission announced an initiative to address undisclosed conflicts of interest by investment advisers in the context of mutual fund share classes. Dubbed the Share Class Selection Disclosure (“SCSD”) Initiative, the program…