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spec: '' `` D2Audio is pleased to be included in the MediaREADY product line , '' said Brian Wong , Chief Executive Officer and President of D2Audio . As set forth in greater detail in the FRFA , the 1996 Act added section 205 ( e ) to the Advisers Act , which authorizes the Commission to exempt conditionally or unconditionally from the performance fee prohibition contained in section 205 ( a ) ( 1 ) of the Advisers Act advisory contracts with persons that the Commission determines do not need the protections of the prohibition . For example , subsection 121-20 ( 5 ) requires a person to reconstruct appropriate records for capital gains tax purposes . Therefore , the Commission proposed , pursuant to its exemptive authority under new section 205 ( e ) of the Advisers Act , to eliminate all of the contractual and disclosure provisions in rule 205-3 other than the client eligibility tests . We also have received requests from the thrift industry that the Commission exempt thrifts from applicability of the Advisers Act. Bravo , Peter , on your choice of 1st topic for the judgemental parents roundtable . The Roman Senate named the month of July after Julius Caesar to honor him for reforming their calendar , which had degenerated into a chaotic embarrassment .