SEC and CFTC jointly proposed substantial changes to Form PF for all private fund advisers and large hedge fund advisers.
August 22, 2022
Tags: Form PF, Hedge Funds, Private Equity, Private Funds
IAA Responds to SEC Request for Comment on Information Providers Acting as Investment Advisers
The IAA comments on the SEC’s Request for Comment regarding whether index providers, model portfolio providers, and pricing services (Information Providers) are acting as investment advisers.
August 16, 2022
The IAA comments, largely in support, on the SEC’s proposed rules to require enhanced disclosure and reporting by investment advisers and funds that consider ESG factors.
August 16, 2022
SEC Staff Issues Bulletin Regarding Adviser and Broker-Dealer Conflicts of Interest
SEC staff Bulletin on how standards of conduct should apply in identifying and addressing conflicts of interest.
August 04, 2022
Tags: Conflicts of Interest, Fiduciary, Reg BI
SEC’s Birdthistle discusses fees, proxy voting, money market fund reform, and LIBOR, announces expiration of no-action position related to MiFID II.
August 02, 2022
Tags: Libor, MiFID II, Money Market Fund, Private Funds
SEC Modifies Proxy Advice Rules, Rescinds Guidance for Investment Advisers
SEC adopts rule amendments to modify 2020 proxy advice rules and rescinds 2020 guidance for investment advisers, consistent with IAA advocacy.
July 20, 2022
Tags: Proxy Advisory Firms, Proxy Voting, SEC
SEC Chair Gary Gensler has confirmed that staff guidance is forthcoming on conflicts of interest, alternative investments, and cost.
July 12, 2022
Tags: Fiduciary, Gary Gensler, Reg BI, SEC
SEC Marketing Rule Continues To Be Top Compliance Concern, Survey Shows
The 2022 Investment Management Compliance Testing Survey identified advertising/marketing, cybersecurity, and climate change/ESG as the top concerns for compliance officers.
June 30, 2022
Tags: Climate, Compliance Testing, Conflicts of Interest, Cybersecurity, Digital Assets, ESG, Fees and Expenses, Marketing Rule, Private Funds, Research, Survey, Valuation
Agencies Update Regulatory Agendas, Custody Rule Proposal Expected Soon
Federal agencies issue Spring 2022 Reg Flex agendas; Custody Rule expected in near term, FTC premerger notification rule and anti-money laundering for advisers on the agenda.
June 27, 2022
Tags: Money Market Funds, AML, CFTC, Custody, Cybersecurity, DOL, ESG, Private Funds, Proxy Voting, Regulatory Agendas, SEC Investment Management
SEC Seeks Public Comments on Whether “Information Providers” Are Acting as “Investment Advisers”
The SEC seeks comments on whether information providers such as index providers, model portfolio providers, and pricing services, meet the statutory definition of investment adviser.
June 27, 2022
Tags: Form ADV, Active Management, SEC Investment Management