News & Analysis as of

Data Security Proposed Regulation Registered Investment Advisors

WilmerHale

SEC Proposes New Requirement for Business Continuity Plans for Investment Advisers

WilmerHale on

On June 28, 2016, the Securities and Exchange Commission (“SEC”) proposed a rule that would require all SEC-registered investment advisers to adopt and implement a business continuity and transition plan (“BCP”). The BCP...more

Proskauer Rose LLP

SEC Proposes Rule Requiring Registered Advisers to Adopt Business Continuity and Transition Plans

Proskauer Rose LLP on

On June 28, 2016, the Securities and Exchange Commission (SEC) proposed new Rule 206(4)-4 under the Investment Advisers Act of 1940 (Advisers Act) that would require registered investment advisers to adopt and implement...more

Foley & Lardner LLP

A Compilation of Enforcement and Non-Enforcement Actions

Foley & Lardner LLP on

Non-Enforcement Cybersecurity Is At the Top of SEC Examination Concerns In a recent SEC “risk alert” for registered broker-dealers and investment advisers, the SEC’s Office of Compliance Inspections and Examinations (OCIE)...more

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