On March 27, 2023, the Securities and Exchange Commission’s (SEC’s) Division of Examinations issued a Risk Alert setting forth typical focus areas reviewed by the staff during its examinations of newly registered advisers....more
On February 15, 2023, the Securities and Exchange Commission (SEC) proposed new rules and amendments (Proposal) to Rule 206(4)-2 (Custody Rule) under the Investment Advisers Act of 1940 (Advisers Act)....more
3/26/2023
/ Client Assets ,
Custodians ,
Custody Rule ,
Digital Assets ,
GAAP ,
Investment Advisers Act of 1940 ,
New Amendments ,
New Rules ,
Recordkeeping Requirements ,
SEC Examination Priorities ,
Securities and Exchange Commission (SEC) ,
Segregation Requirements ,
Written Agreements
As we noted in the October 2022 edition of our Investment Management Update, on September 19, 2022, the U.S. Securities and Exchange Commission’s (SEC’s) Division of Examinations (Examinations) issued a risk alert to inform...more
On February 9, 2022, the U.S. Securities and Exchange Commission (SEC) voted 3-1 to propose new rules and amendments under the U.S. Investment Advisers Act of 1940 (Advisers Act) designed to increase the regulation of private...more