IAA Applauds SEC Proposal to Update Small Entity Definitions
SEC proposal to increase the AUM threshold that defines a “small entity” for investment advisers from $25 million to $1 billion.
January 08, 2026
Tags: Advocacy, Smaller Advisers
SEC Holds Final Compliance Outreach Event for Regulation S-P
The SEC hosted an outreach event for small firms on changes to the rule and what to expect in exams.
January 29, 2026
The SEC announced enforcement actions against two advisers in connection with hedge clauses, assignment, and custody language in advisory agreements.
January 29, 2026
Tags: Advisory Contracts, Custody, Hedge Clauses
IAA Regulatory Tracker: One Year In
We’re one year into the Trump administration and we continue to see significant changes in the regulatory landscape. This 7th edition of the IAA Tracker includes the most relevant regulatory...
January 20, 2026
Tags: Advocacy, Executive Orders, Paul Atkins, Trump Administration
The SEC Issues New Marketing Rule FAQs
SEC Marketing Rule FAQs addressing use of model fees and testimonials and endorsements disqualification provisions relating to self-regulatory organization final orders.
January 16, 2026
Tags: Examinations, Marketing Rule
FinCEN Issues Final Rule to Postpone Effective Date of AML Rule to Jan. 1, 2028
The Final Rule confirms the exemptive order issued in August. FinCEN will now pursue rulemaking to revisit the rule’s substance in coordination with the SEC.
January 05, 2026
Tags: AML, FinCEN, Treasury Department
The SEC Issues New Marketing Rule Risk Alert Sharing Exam Observations
A December 16, 2025, Risk Alert discusses the SEC staff’s observations from examinations of investment advisers for compliance with the Marketing Rule, focusing on testimonials, endorsements, and third-party ratings.
December 17, 2025
Tags: Examinations, Marketing, Testimonials, Third-Party Ratings
SEC Publishes 2026 Examination Priorities
The SEC’s Division of Examinations announced its fiscal year 2026 examination priorities. The high-level focus remains consistent with last year’s priorities across three themes: adherence to fiduciary duty, compliance program effectiveness, and oversight of newly registered or never examined advisers.
November 18, 2025
Tags: Privacy, Cryptocurrency, Fiduciary, Private Funds
IAA Tracker: Trump Administration Update — 9 Months In
Updated IAA tracker, regulatory developments for Trump Administration – nine months in.
October 31, 2025
Tags: Advocacy, Executive Orders, Paul Atkins, Trump Administration
On September 22, 2025, FinCEN published a proposed rule to amend the Investment Adviser AML Rule to delay its effective date by two years.
September 29, 2025
Tags: AML, Compliance, FinCEN, Treasury Department