Senior SEC Exams Official Departs SEC
Senior exam official, Kristin Snyder, departs SEC after 18 years.
February 16, 2022
Tags: Exams, Kristin Snyder, SEC
SEC Releases Proposed Rules for Special Purpose Acquisition Companies
SEC proposal will treat SPACs more like traditional IPOs.
April 08, 2022
IAA, Other Trade Associations Urge SEC to Lengthen Short Comment Periods
The IAA and other trade associations urge the SEC to provide more time to comment on the many concurrent and consequential rule proposals to allow for more thorough and meaningful feedback.
April 06, 2022
Tags: Advocacy, Gary Gensler, SEC
Massachusetts Court Invalidates State’s Fiduciary Duty Rule
Massachusetts court declares the Massachusetts fiduciary duty rule invalid.
April 06, 2022
Tags: Fiduciary Duty, Massachusetts, Reg BI, SEC, State Laws
SEC Proposes Shorter 13D/G Filing Deadlines, Whistleblower Amendments
SEC proposes to shorten filing deadlines for Schedule 13D and Schedule 13G beneficial ownership reporting and amend whistleblower program.
February 10, 2022
Tags: Beneficial Ownership, Schedule 13D/G, SEC, Whistleblower
President Biden Proposes Budget Boost for SEC to Support Enforcement
President Biden’s 2023 budget provides an additional 7.5 percent for the SEC.
March 29, 2022
Tags: Budgets, SEC, SEC Enforcement
SEC Calls for Additional Private Fund Reporting and Information
The SEC proposed substantial changes to Form PF that would require private fund managers to report certain events within one day and private equity fund managers to provide additional information.
January 27, 2022
Tags: Form PF, Gary Gensler, Hedge Funds, Hester Peirce, Private Equity, Private Funds, SEC
FINRA Publishes Guidance on CCO Liability
FINRA recently published guidance outlining when CCOs’ role is advisory and when CCOs may be liable for failing to discharge their supervisory responsibilities.
March 29, 2022
A Proxy Voting Primer for Uncertain Times
This article discusses requirements for advisers that vote proxies and the status of recent regulatory developments.
March 23, 2022
Tags: DOL, Proxy Advisory Firms, Proxy Voting, SEC
National Society of Compliance Professionals Releases CCO Liability Framework
The framework looks to clarify the role of CCOs when determining their personal responsibility for a firm’s potential compliance failures
January 18, 2022