Many compliance officers live in hope that if they ramp up their persuasive skills, engage employees with spectacular training presentations, and provide succinct and prompt advice, they will receive the respect and...more
As we look back on the SEC’s actions in 2024, we wanted to share our thoughts on lessons learned that we believe will carry through to 2025....more
1/27/2025
/ Asset Management ,
Beneficial Owner ,
Corporate Transparency Act ,
Cybersecurity ,
Form PF ,
Fund Managers ,
Incident Response Plans ,
Investment Adviser ,
Investment Management ,
MNPI ,
Policies and Procedures ,
Private Funds ,
Reporting Requirements ,
Risk Management ,
SEC Examination Priorities ,
Securities and Exchange Commission (SEC) ,
Securities Regulation
In addition to basic blocking and tackling, compliance officers often have the thankless job of performing the annual review of their compliance program required by Advisers Act Rule 206(4)-7....more
12/16/2024
/ Broker-Dealer ,
Business Entities ,
Chief Compliance Officers ,
Compliance ,
Investment Adviser ,
Investment Companies ,
Policies and Procedures ,
Private Funds ,
Regulation S-P ,
Regulatory Oversight ,
Risk Alert ,
Securities and Exchange Commission (SEC) ,
Securities Regulation
Most compliance officers struggle to determine whether they are conducting enough testing to satisfy their obligations under the Advisers Act. In its release adopting Advisers Act Rule 206(4)-7, the SEC stated that an...more
8/28/2024
/ Asset Management ,
Chief Compliance Officers ,
Compliance ,
Compliance Monitoring ,
Corporate Governance ,
Investment Adviser ,
Investment Advisers Act of 1940 ,
Investment Portfolios ,
Policies and Procedures ,
Portfolio Managers ,
Regulatory Requirements ,
Risk Mitigation ,
Securities and Exchange Commission (SEC)
SEC DROPS NEW REQUIREMENT FOR INCIDENT RESPONSE PROGRAMS, PROPOSAL FOR RIAS TO ADOPT CIP, SEC EXAMS SHARES MARKETING RULE FAILURES, RIA SLAMMED FOR FAILING TO RETAIN TEXTS, AND SEC WINS ON SHADOW TRADING THEORY - Welcome to...more
5/30/2024
/ Compliance ,
Cybersecurity ,
Data Breach ,
Electronic Communications ,
Financial Institutions ,
FinCEN ,
Incident Response Plans ,
Insider Trading ,
Investment Adviser ,
Marketing ,
New Regulations ,
Policies and Procedures ,
Private Funds ,
Regulation S-P ,
Regulatory Oversight ,
Risk Alert ,
Risk Management ,
Securities and Exchange Commission (SEC) ,
Securities Regulation
SEC’s Division of Examinations (“EXAMS”) issued a risk alert on its Initial Observations Regarding Advisers Act Marketing Rule Compliance (the “Risk Alert”), giving compliance officers an unexpected gift by sharing examples...more
5/22/2024
/ Advertising ,
Chief Compliance Officers ,
Compliance ,
Disclosure ,
Investment Adviser ,
Investment Firms ,
Marketing ,
Policies and Procedures ,
Risk Alert ,
Securities and Exchange Commission (SEC) ,
Social Media
Many chief compliance officers struggle every year with preparing the annual review required under Advisers Act Rule 206(4)-7. To help you out, here’s our guide to writing your annual report....more
4/30/2024
/ Annual Reports ,
Chief Compliance Officers ,
Compliance ,
Investment Adviser ,
Investment Advisers Act of 1940 ,
Investment Firms ,
Policies and Procedures ,
Portfolio Managers ,
Regulatory Oversight ,
Risk Management ,
Securities and Exchange Commission (SEC)