Skip to main content

IAA Statement: The SEC’s Outsourcing Proposal

October 26, 2022

Our initial take on the SEC’s proposed new oversight requirements for services outsourced by investment advisers is that the proposed rules are overly burdensome and prescriptive and fail to recognize how little leverage firms have over many service providers. The proposal is also not adequately tailored to the range of firms it covers, including smaller advisers. It is also apparent that the SEC again has not appropriately considered the cumulative impact of its wave of new proposals on advisory firms of all sizes, nor has it provided sufficient time for meaningful feedback on these sweeping changes.

You are now leaving Investment Adviser Association

The IAA provides links to web sites of other organizations in order to provide visitors with certain information. A link does not constitute an endorsement of content, viewpoint, policies, products or services of that web site. Once you link to another web site not maintained by the IAA, you are subject to the terms and conditions of that web site, including but not limited to its privacy policy.

You will be redirected to

Click the link above to continue or CANCEL