On November 4, 2019, the Securities and Exchange Commission (SEC) released a proposed rule amendment (the Marketing Amendment) that would substantially modify SEC Rules 206(4)-1 (the Advertising Rule) and 206(4)-3 (the...more
11/21/2019
/ Advertising ,
Books & Records ,
Comment Period ,
Compensation ,
Conflicts of Interest ,
Disclosure Requirements ,
Endorsements ,
Form ADV ,
Investment Adviser ,
Investment Advisers Act of 1940 ,
Investors ,
Marketing ,
Policies and Procedures ,
Private Funds ,
Proposed Rules ,
Recordkeeping Requirements ,
Regulatory Requirements ,
Securities and Exchange Commission (SEC) ,
Solicitation ,
Testimonial Statements ,
Written Agreements
The Securities and Exchange Commission (SEC) recently adopted Rule 6c-11 under the Investment Company Act of 1940 (the “Act”), which removes the need for most exchange-traded fund (ETF) sponsors to obtain individual exemptive...more
10/18/2019
/ Amended Rules ,
Compliance ,
Exchange-Traded Products ,
Exemptive Orders ,
Final Rules ,
Form N-1A ,
Investment Company Act of 1940 ,
Policies and Procedures ,
Portfolio Managers ,
Proposed Rules ,
Rule 6c-11 ,
Securities and Exchange Commission (SEC) ,
Securities Exchange Act
On June 18, 2019, the Securities and Exchange Commission (“SEC”) adopted final amendments to Rule 2-01(c)(1)(ii)(A) of Regulation S-X (the “Loan Rule”) to clarify the analysis that must be conducted to determine whether an...more
7/9/2019
/ Amended Regulation ,
Beneficial Owner ,
Bright-Line Rule ,
Disclosure Requirements ,
Fidelity Investments ,
Final Rules ,
Intermediaries ,
No-Action Letters ,
Policies and Procedures ,
Regulation S-X ,
Securities and Exchange Commission (SEC) ,
Significant Influence Test