IAA Comments on SEC’s Advertising and Solicitation Proposals
The IAA has submitted a comment letter in response to the SEC’s proposed amendments to the rules addressing investment adviser advertisements and payments to solicitors.
February 19, 2020
IAA Submits Comment Letter on SEC’s Advertising and Solicitation Proposals
The IAA notes that the proposal addresses many themes and issues the IAA has raised over the past 20 years, especially those relating to the benefits of a principles-based approach to regulation.
February 11, 2020
IAA Objects to SEC’s Proxy Advice Proposal
The IAA has submitted a comment letter in response to the SEC’s proposal regarding proxy voting advice.
February 10, 2020
Tags: Proxy, Proxy Advisory Firms
While emphasizing that one size does not fit all, OCIE staff encourages investment advisers and others to reflect on their own cybersecurity practices and incorporate OCIE’s observations into their assessments.
January 28, 2020
Tags: OCIE, Cybersecurity
OCIE Publishes Examination Priorities for 2020
This year’s priorities for investment advisers carry over most of what OCIE prioritized in 2019 and generally reflect the key themes SEC examiners have been focused on in recent years.
January 24, 2020
Tags: OCIE, Peter Driscoll
In Memoriam: Longtime IAA Leader David Tittsworth
It is with profound sadness that I announce the passing of former IAA President & CEO David Tittsworth. David, who had been in treatment for multiple myeloma, died on January 8.
January 08, 2020
Tags: David Tittsworth, Karen Barr
SEC Announces Examination Priorities for 2020
The SEC’s Office of Compliance Inspections and Examinations (OCIE) has officially announced its examination priorities for 2020.
January 07, 2020
Tags: OCIE, Peter Driscoll
The report discusses three policy areas of strong interest to investment advisers – regulation of proxy advisory firms, Form CRS, and the Commission’s Interpretation of the “solely incidental” exclusion from the Advisers Act for broker-dealers.
December 29, 2019
Tags: Form CRS, Proxy Advisory Firms, Rick Fleming, SEC Investor Advocate
SEC Proposes Amendments to Broaden the Accredited Investor Definition
By a 3-2 vote, the SEC has proposed amending the definition of “accredited investor” in Regulation D under the Securities Act of 1933.
December 18, 2019
Tags: Accredited Investor, QIB
Final FSOC Guidance Primarily Takes Activities-Based Approach to Systemic Risk
The Financial Stability Oversight Council has approved final interpretive guidance regarding the appropriate systemic risk framework for nonbank financial company determinations – which could impact the asset management industry.
December 18, 2019
Tags: FSOC, SIFIs, Systemic Risk