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Form ADV Part 1A Item 11E(1) · Answer type: yn · Item 11 - Disclosure Information
Item 11E(1) asks whether any self-regulatory organization (SRO) or commodities exchange has found the firm or an advisory affiliate to have made a false statement or omission.
Self-regulatory organizations include FINRA (Financial Industry Regulatory Authority), NYSE (New York Stock Exchange), NASDAQ, MSRB (Municipal Securities Rulemaking Board), and other industry organizations that regulate securities professionals. Commodities exchanges include CME Group, ICE, and other organized markets for futures and commodities trading.
False statements include any materially incorrect information provided to these organizations in regulatory filings, disciplinary proceedings, examinations, or other official contexts. Omissions mean failing to disclose material facts that SRO or exchange rules require or that would be important for regulatory oversight.
Yes
The firm reports that SROs or commodities exchanges have made findings of false statements or omissions involving the firm or advisory affiliates.
No
The firm reports No under 11E(1). This answer applies only to this question.
11E(1) - Found you or any advisory affiliate to have made a false statement or omission?
This appears in Item 11E covering self-regulatory organization and commodities exchange findings, parallel to similar dishonesty questions about government regulators in Items 11C and 11D.
What 11E(1) does not reveal is the specific nature of false statements or omissions, which SRO made findings, when findings occurred, or what sanctions or remedial actions resulted. Findings can range from technical disclosure issues to serious dishonesty violations.
Yes
Review detailed disclosure narratives to understand which organizations made findings, what specific false statements or omissions occurred, when findings were made, which affiliates were involved, and what consequences followed.
No
The firm reports No under 11E(1). Review the other Item 11 rows separately because each question has its own scope.