OFAC Announces Improved Website
OFAC has a new website with additional search capabilities.
April 07, 2023
Tags: AML, OFAC, Treasury Department
“Why Don’t We Just Cut Them a Break?” | Focus on Smaller Advisers
“One thing that frustrates me to no end is the lack of accommodation for smaller firms,” noted SEC Commissioner Mark T. Uyeda, adding that many at the SEC “don’t have a good grasp of what it means to be a smaller firm.”
April 06, 2023
Investment adviser CCOs are continually preparing for their next SEC examination. Staying on top of the latest trends in exam process and focus can help ensure that their preparations are efficient and effective.
April 06, 2023
Tags: ACA Group, Compliance Conference, Examinations, Peter Driscoll
Marketing Rule Lessons Learned
The compliance date for the new Marketing Rule is now five months in the rear-view mirror. How has the implementation process gone so far, and what questions still need to be resolved?
April 06, 2023
Going Active Can Boost Performance of ESG Funds
Environmental, social, and governance (ESG) funds that are more actively managed and consider metrics beyond third-party ratings tend to outperform.
March 28, 2023
Tags: Active Management, Active Managers Council , ESG
Senators Seek Investigation of SEC Rulemaking
Senate Republicans are calling on the SEC’s Inspector General to investigate the agency’s “aggressive regulatory agenda” under Chair Gary Gensler to ensure smaller advisers have a seat at the table.
March 24, 2023
Tags: Congress, Inside the Beltway, SEC
CFTC Proposes to Codify Separate Account Relief at FCMs
In a long-awaited move, the CFTC proposes to codify staff relief (No-Action Letter 19-17) to permit FCMs to treat advisers' clients’ separately managed accounts at the FCM as separate accounts for purposes of margin requirements.
March 23, 2023
Tags: CFTC
Consider the Importance: Rising Interest in Estate Planning
Essential estate planning items are generally agnostic to the ebbs and flows of the national economy, while sophisticated, proactive planning can certainly be affected by economic factors. Sean Link looks at developments for both.
March 23, 2023
Tags: Retirement Savings, Tax
Senators Discuss Likelihood of Bipartisan Passage of Crypto Legislation
At a Bipartisan Policy Center event on the future of cryptocurrency and blockchain technology, Senators John Hickenlooper (D-Colo.) and Thom Tillis (R-N.C.) expressed a willingness to move forward with bipartisan legislation on cryptocurrency.
March 17, 2023
Tags: FinTech, Blockchain, Congress, Cryptocurrency, Inside the Beltway
Bank Turmoil May Decrease Debt Limit Drama
Treasury Secretary Janet Yellen asserted that the banking system remains sound in the aftermath of Silicon Valley Bank’s collapse, but that failure to raise the debt limit in time would be devastating for banks after the turmoil.
March 17, 2023
Tags: Inside the Beltway