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DOL

DOL Isses FAQs on Lifetime Income Illstrations The Department of Labor’s Employee Benefits Secrity Administration (EBSA) has issed temporary implementing FAQs on the reqirement to add lifetime income illstrations to...

August 03, 2021

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Wrap Fees

New Risk Alerts Focus on Wrap Fee Programs, Principal and Cross Trades The SEC’s Division of Examinations has issued two risk alerts describing the staff’s observations resulting from initiatives on...

July 27, 2021

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Cross Trading

New Risk Alerts Focus on Wrap Fee Programs, Principal and Cross Trades The SEC’s Division of Examinations has issued two risk alerts describing the staff’s observations resulting from initiatives on...

July 27, 2021

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Compliance

New Risk Alerts Focus on Wrap Fee Programs, Principal and Cross Trades The SEC’s Division of Examinations has issued two risk alerts describing the staff’s observations resulting from initiatives on...

July 27, 2021

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Form CRS

21 Advisers, Six BDs Fined for Form CRS Violations The SEC has fined 21 investment advisers and six broker-dealers for failing to timely file and deliver their client or customer...

July 27, 2021

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Custody

SEC Charges Private Funds Auditor for Causing Adviser to Violate Custody Rule The SEC has instituted administrative proceedings against a Colorado-based SEC-registered adviser’s audit firm, audit engagement partner, and quality...

July 27, 2021

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Security-Based Swaps

SEC’s Gensler Highlights Potential Areas for Secrity-Based Swap Reglations, Discsses Digital Asset Platforms SEC Chair Gary Gensler provided an pdate on reglatory reforms related to secrity-based swaps in a recent speech, in which he...

July 27, 2021

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Daniel Kahl

Driscoll to Leave SEC; Kahl to Serve as Exam Division’s Acting Director Peter Driscoll, who has led the SEC’s Division of Examinations and its predecessor Office of Compliance Inspections and...

July 15, 2021

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Private Offerings

SEC’s AMAC Tackles Diversity and ESG, Explores Retail Access to Private Investments, Advisers’ Use of Technology In a lengthy open meeting on July 7, the SEC’s Asset Management Advisory Committee...

July 14, 2021

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Allocation

SEC Charges Adviser and its CCO with Cherry-Picking The SEC has filed a complaint in federal district cort charging an Illinois-based investment adviser and its Chief Compliance Officer, who is...

July 09, 2021

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