On June 12, 2025, the SEC formally withdrew 14 rule proposals, all but one of which were introduced during Gary Gensler’s tenure as SEC Chair. The SEC did not provide a reason for the withdrawals but stated that if it decides...more
6/24/2025
/ Conflicts of Interest ,
Cybersecurity ,
Deregulation ,
Digital Assets ,
Disclosure Requirements ,
Environmental Social & Governance (ESG) ,
FinCEN ,
Investment Adviser ,
Proposed Rules ,
Regulatory Reform ,
Securities and Exchange Commission (SEC)
The staff (“Staff”) of the SEC’s Division of Investment Management recently issued a new FAQ (the “FAQ”) on Rule 206(4)-1 (the “Marketing Rule”) under the Investment Advisers Act of 1940 in which the Staff confirmed that the...more
The SEC’s Division of Examinations (the “Division”) announced its examination priorities for fiscal year 2024. This eUpdate includes observations on the examination priorities and a list of examination priorities that impact...more
11/16/2023
/ Compliance ,
Cryptoassets ,
Disclosure Requirements ,
Emerging Technologies ,
Enforcement Priorities ,
Environmental Social & Governance (ESG) ,
Form ADV ,
Investment Adviser ,
Private Funds ,
Private Investment Funds ,
Registered Investment Advisors ,
Securities and Exchange Commission (SEC)
The Securities and Exchange Commission (the “SEC”) adopted a new short position and short activity disclosure requirement under Rule 13f-2 of the Securities Exchange Act of 1934 (the “Exchange Act”). Under Rule 13f-2, an...more
11/10/2023
/ Banking Sector ,
Broker-Dealer ,
Brokers ,
Disclosure Requirements ,
Equity Securities ,
Financial Services Industry ,
Institutional Investors ,
Insurance Industry ,
Investment Adviser ,
New Regulations ,
Pension Funds ,
Regulation SHO ,
Securities and Exchange Commission (SEC) ,
Securities Exchange Act
This RIA Regulatory Review highlights certain key regulatory developments affecting investment advisers....more
On March 27, 2023, the SEC’s Division of Examinations (the “Division”) issued a Risk Alert on its observations from examinations of newly-registered advisers. The Division focused on whether newly-registered advisers...more
The staff (“Staff”) of the SEC’s Division of Investment Management recently issued an FAQ (the “FAQ”) to clarify that, under Rule 206(4)-1 (the “Marketing Rule”) of the Investment Advisers Act of 1940, an SEC-registered...more