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SEC Division of Examinations Announces 2022 Examination Priorities

Each year, the U.S. Securities and Exchange Commission’s (SEC) Division of Examinations (Division) prioritizes the examination of certain practices, products and services that it believes present potentially heightened risks...more

Registered Investment Advisers Should Consider Marketing Rule as Part of 2022 Annual Compliance Reviews

In connection with annual compliance manuals reviews and the conclusion of Form ADV season, firms should consider updating for compliance with amended Rule 206(4)-1 (the “Marketing Rule”) under the Investment Advisers Act....more

SEC Proposes Amendments to Form PF to Drastically Expand Reporting Requirements for Private Fund Managers

On January 26, 2022, the Securities and Exchange Commission (the “SEC”) approved a proposal to amend Form Private Fund (“Form PF”) to (i) require additional reporting from advisers to large hedge funds and private equity...more

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