On December 16, the Securities and Exchange Commission (SEC) published a risk alert on the adviser marketing rule.
This is the first risk alert published by the SEC in over a year. The risk alert “addresses observations regarding advisers’ satisfaction of disclosure requirements and oversight and compliance practices under the Testimonials and Endorsements Provisions, as well as advisers’ due diligence and disclosure requirements under the Third-Party Ratings Provisions.”
Stay tuned for Katten’s detailed summary of this important risk alert, coming soon.
