REGULATORY UPDATES -
Recent SEC Leadership Changes -
The Securities and Exchange Commission (the “SEC”) announced the appointment of Deborah J. Jeffrey as Inspector General effective May 7, 2023. Prior to this...more
REGULATORY UPDATES -
Recent SEC Leadership Changes -
The Securities and Exchange Commission (the “SEC”) announced that Megan Barbero, currently SEC Principal Deputy General Counsel, will be appointed General Counsel,...more
1/19/2023
/ 10b5-1 Plans ,
Broker-Dealer ,
Disclosure Requirements ,
Employee Retirement Income Security Act (ERISA) ,
Environmental Social & Governance (ESG) ,
ETFs ,
Final Rules ,
Insider Trading ,
Investment Adviser ,
Investment Advisers Act of 1940 ,
Proposed Rules ,
Proxy Voting ,
Regulation Best Interest ,
Securities and Exchange Commission (SEC) ,
Shareholders
REGULATORY UPDATES -
SEC Leadership Changes -
On April 17, 2021, Gary Gensler was sworn into office as the Chair of the Securities and Exchange Commission (the “SEC”). Gensler served as chair of the U.S. Commodity Futures...more
7/16/2021
/ Broker-Dealer ,
Corporate Governance ,
Diversity ,
Dodd-Frank ,
Enforcement Actions ,
Environmental Social & Governance (ESG) ,
Investment Adviser ,
Investment Advisers Act of 1940 ,
Investment Company Act of 1940 ,
Popular ,
Proxy Voting ,
Sarbanes-Oxley ,
Securities and Exchange Commission (SEC) ,
Shareholder Proposals ,
Swap Data Repositories ,
Universal Proxy Cards
REGULATORY UPDATES -
SEC Proposes Conditional Exemption for Finders Assisting Small Businesses with Capital Raising -
On October 7, 2020, the Securities Exchange Commission (the “SEC”) proposed a conditional exemption...more
1/27/2021
/ Auditor Independence ,
Auditors ,
Broker-Dealer ,
CFTC ,
Derivatives ,
Dodd-Frank ,
Employee Retirement Income Security Act (ERISA) ,
Enforcement Actions ,
Investment Adviser ,
Popular ,
Regulation S-X ,
Securities and Exchange Commission (SEC) ,
Security-Based Swaps
REGULATORY UPDATES -
SEC Adopts Amendments to Exemptive Applications Procedures -
On July 6, 2020, the Securities and Exchange Commission (the “SEC”) announced the adoption of rule amendments that establish an expedited...more
COVID-19 RELATED REGULATORY UPDATES -
SEC Provides Temporary, Conditional Relief for BDCs Making Investments in Small and Medium-Sized Businesses...more
REGULATORY UPDATES -
Investors Continue to Press Regulators for Disclosure of Environmental, Social, and Governance (“ESG”) Risks...more
7/19/2019
/ Broker-Dealer ,
Cybersecurity ,
Department of Labor (DOL) ,
Division of Investment Management ,
Enforcement Actions ,
Environmental Social & Governance (ESG) ,
ETFs ,
Fiduciary Duty ,
Fiduciary Rule ,
Investment Adviser ,
Investment Advisers Act of 1940 ,
Investment Company Act of 1940 ,
Investors ,
Mutual Funds ,
OCIE ,
Popular ,
Regulation S-P ,
Securities Act of 1933 ,
Securities and Exchange Commission (SEC)
REGULATORY UPDATES -
Financial Industry Regulatory Authority (“FINRA”) Releases Its 2019 Priorities -
On January 22, 2019, FINRA released its Annual Risk Monitoring and Examination Priorities Letter, which highlighted the...more
4/19/2019
/ Arbitration ,
Blockchain ,
Broker-Dealer ,
Cryptocurrency ,
EDGAR ,
Emerging Growth Companies ,
Enforcement Actions ,
Financial Industry Regulatory Authority (FINRA) ,
Fixing America’s Surface Transportation Act (FAST Act) ,
Investment Adviser ,
Investment Advisers Act of 1940 ,
No-Action Letters ,
Popular ,
Securities and Exchange Commission (SEC) ,
SIFMA
Fund and Investment Management January 2019 (No. 1) REGULATORY UPDATES Policy Initiatives Set Forth by the U.S. Securities and Exchange Commission’s (“SEC”) Investment Management Division On September 28, 2018, Division of...more
1/18/2019
/ Broker-Dealer ,
CCO ,
Cybersecurity ,
Data Breach ,
DTCC ,
Email ,
Enforcement Actions ,
ETFs ,
Investment Companies ,
Investment Management ,
Investors ,
NASAA ,
OCIE ,
Proposed Regulation ,
Securities and Exchange Commission (SEC)
FINRA Bar Results from Assertion of Fifth Amendment Right against Self-Incrimination in Criminal Action -
On October 5, 2016, the Financial Industry Regulatory Authority (“FINRA”) barred an indicted investment adviser,...more
1/12/2017
/ Broker-Dealer ,
Chief Compliance Officers ,
Department of Labor (DOL) ,
Enforcement Actions ,
ETFs ,
Fiduciary Rule ,
Fifth Amendment ,
Financial Industry Regulatory Authority (FINRA) ,
Investment Adviser ,
Investment Company Act of 1940 ,
Liquidity Risk Management Rule ,
Market Abuse ,
OCC ,
OCIE ,
Popular ,
Securities and Exchange Commission (SEC) ,
Whistleblowers
On June 2, 2016, the SEC announced that it hired Christopher R. Hetner, a cybersecurity expert, as the Senior Adviser to the Chair for Cybersecurity Policy. The hire is indicative of the SEC’s focus on cybersecurity measures...more
10/18/2016
/ Anti-Money Laundering ,
Bank Secrecy Act ,
Broker-Dealer ,
Cybersecurity ,
Diversity ,
Enforcement Actions ,
Financial Industry Regulatory Authority (FINRA) ,
FinCEN ,
Form ADV ,
Investment Adviser ,
Investment Advisers Act of 1940 ,
IRS ,
OCIE ,
Popular ,
Recordkeeping Requirements ,
Securities and Exchange Commission (SEC)
Securities and Exchange Commission (“SEC”) Hosts National Compliance Outreach Seminar for Investment Companies and Investment Advisers
In April 2016, the Office of Compliance Inspections and Examinations (“OCIE”), the...more