IAA Calls on Agencies to Study FIGI, CUSIP Before Selecting Common Identifier
The IAA is urging agencies to withdraw a joint proposal to make FIGI the common financial instrument identifier and repropose it after further study.
October 22, 2024
SEC Publishes 2025 Examination Priorities
SEC’s 2025 examination priorities include fiduciary duty, effectiveness of compliance programs, cybersecurity, and artificial intelligence.
October 21, 2024
Tags: Artificial Intelligence , Cybersecurity, Fiduciary, Private Funds, SEC Examinations
SEC Announces National Compliance Outreach Seminar
The SEC is planning a virtual national compliance outreach seminar for investment advisers and investment companies on November 7.
October 03, 2024
Tags: Compliance, SEC Examinations
Marketing Rule Toppled by Off-Channel Communications for Top Compliance Concern
Advisers’ concerns of off-channel communications eclipsed the Marketing Rule as the top compliance concern, according to the 2024 Investment Management Compliance Testing Survey published today.
July 17, 2024
Tags: Climate, Compliance Testing Survey, Conflicts of Interest, Cybersecurity, Fees and Expenses, Marketing Rule, Off-Channel Communications, Private Funds, Recordkeeping, Research
Updated SEC Agenda Includes Significant Reproposals
Federal agencies issue Spring Reg Flex rulemaking agendas, including reproposals of several SEC rules.
July 11, 2024
Tags: AML, CFTC, Custody, Cybersecurity, DOL, ESG, Proxy Voting, Regulatory Agendas, SEC Investment Management
New Customer Identification Program (CIP) Proposal for Investment Advisers – What You Need to Know
The Financial Crimes Enforcement Network (FinCEN) and SEC recently released a joint proposal outlining potential Customer Identification Program (CIP) regulations for investment advisers.
May 14, 2024
Tags: AML, SEC, Treasury Department
SEC Issues Marketing Rule Risk Alert
The Risk Alert discusses the SEC staff’s observations from examinations of investment advisers for compliance with the Marketing Rule.
April 19, 2024
Tags: Form ADV, Examinations, Marketing, Recordkeeping
IAA Comments on AML Proposal for Investment Advisers
The IAA has recommended changes to the Treasury Department’s proposed AML rule for investment advisers.
April 15, 2024
Tags: AML, Treasury Department
New AML Proposal for Investment Advisers – What You Need to Know
The Treasury Department recently released a proposal outlining potential anti-money laundering (AML) regulations for investment advisers.
February 14, 2024
Tags: AML, Treasury Department
House Ways and Means Committee Overwhelmingly Advances Bipartisan Tax Package
The House Ways and Means Committee advanced the Tax Relief for American Families and Workers Act but full House and Senate support are uncertain.
January 26, 2024
Tags: House Ways and Means, Taxes