Coronavirus Response Resources

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The impacts of the coronavirus on our members have been as disruptive as they were unexpected. On this page, we are providing links to resources that will help members stay up-to-date on this extremely fluid situation and deal with the many challenges it presents to business operations, regulatory compliance, legal and contract matters, and client relations. 

Resources presented here are divided into three categories: those developed by the IAA, featured on this page; those provided by government health agencies, those provided by the SEC and other regulators, and those provided by no less than 20 law firms – all IAA Associate Members – that have generously allowed us to share their detailed resources on issues such as BCP, workplace challenges, contractual issues including force majeure clauses, regulatory and compliance issues and more.

These resources will be updated as the rapidly changing coronavirus situation evolves. We are also posting news stories about coronavirus-related developments affecting advisers on our online newsletterIAA Today.

IAA Member Alerts, News Postings, Webinars, and More

At a Glance: New Adviser Deadlines Under SEC Orders Related to COVID-19

IAA COVID-19 Relief Resource Chart

IAA Member Alert: March 25 Coronavirus Regulatory Update   (March 25, 2020)

OCIE Moves Most Examinations Off-Site, Assures Advisers Reliance on Coronavirus-Related Regulatory Relief Will Not Trigger Exams   (March 23, 2020)

A Message from IAA. President & CEO Karen Barr   (March 20, 2020)

IAA Member Alert: March 20 Coronavirus Regulatory Update   (March 20, 2020)

Audio Recording: Member Call on Coronavirus-Related Issues   (March 18, 2020) 

New SEC, CFTC Staff Guidance on Coronavirus-Related Issues   (March 17, 2020)

Audio Recording: Member Call on Coronavirus-Related Issues   (March 18, 2020)

EU Countries Issue Temporary Short Selling Prohibitions   (March 15, 2020)

SEC Provides Targeted Relief from Forms ADV and PF Deadlines,In-Person Fund Board Meetings, Fund Filing Deadlines   (March 14, 2020)

SEC Extends No-Action Relief for Fund Board Meetings Due to Coronavirus,Provides 45-day Extension for Certain Corporate Filings   (March 4, 2020)

 



IAA CORONAVIRUS UPDATE

As the COVID-19 situation continues to unfold and impact our members, we stand ready to provide resources and up-to-date information on these developments. Our office is closed, but our full staff is working remotely and continuing to provide you critical information and services. All scheduled committee calls and webinars will proceed as planned.

The IAA held its first member briefing  call to discuss considerations for firms in addressing various implications of the coronavirus developments on March 18. A recording of that call – which covered BCP, regulatory filing obligations, disclosure, remote working arrangements and more – is available here. We plan additional briefing calls as developments warrant, and we will notify members of details. We are also reporting on coronavirus-related developments affecting advisers in our online newsletter, IAA Today.

We are in constant contact with our regulators. The SEC’s Division of Investment Management has asked the IAA to keep its staff informed of impacts that the coronavirus situation is having on our member firms and potential compliance relief that may be appropriate. We have already had several conversations and communications with Division staff. We encourage you to share information about how your business operations are being affected by emailing IAALegalTeam@investmentadviser.org or by calling the Legal Team at (202) 293-4222.

We appreciate your continued support and willingness to share best practices with each other during these challenging times.  As always, please do not hesitate to reach out to us if we may be of assistance to you on any matter.