On August 28, 2024, Financial Crimes Enforcement Network (FinCEN) issued a final rule (the “Final Rule”) that imposes comprehensive anti-money laundering and countering the financing of terrorism (“AML/CFT”) requirements on...more
7/9/2025
/ AML/CFT ,
Anti-Money Laundering ,
Compliance Dates ,
Customer Due Diligence (CDD) ,
Final Rules ,
FinCEN ,
Investment Adviser ,
Investment Management ,
Know Your Customers ,
Policies and Procedures ,
Registered Investment Advisors ,
Regulatory Requirements ,
Reporting Requirements ,
Risk Management
The SEC recently settled charges against five registered investment advisers for violations of the marketing rule (“Marketing Rule”) under the Investment Advisers Act of 1940 (“Advisers Act”)....more
5/1/2024
/ Advertising ,
Civil Monetary Penalty ,
Enforcement Actions ,
Investment Adviser ,
Investment Advisers Act of 1940 ,
Marketing ,
Policies and Procedures ,
Registered Investment Advisors ,
Securities and Exchange Commission (SEC) ,
Securities Violations ,
Settlement
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