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Risk Alert Disclosure Requirements Regulatory Oversight

Nelson Mullins Riley & Scarborough LLP

“Marketing Rule” Risk Alert for Investment Advisers: SEC Flags Testimonials, Endorsements, and Third-Party Ratings

On December 16, 2025, the U.S. Securities and Exchange Commission Division of Examinations issued a new Risk Alert providing guidance to registered investment advisers (“RIAs” or “advisers”), investors, and other market...more

Stark & Stark

SEC’s Observations on Advisers’ Compliance with Marketing Rule

Stark & Stark on

The Securities and Exchange Commission’s Division of Examinations (the “Division”) issued a Risk Alert titled “Additional Observations Regarding Advisers’ Compliance with the Advisers Act Marketing Rule.”...more

Dorsey & Whitney LLP

SEC Issues New Risk Alert on the Marketing Rule

Dorsey & Whitney LLP on

On December 16, 2025, the staff (“Staff”) of SEC’s Division of Examinations issued a Risk Alert to address its observations regarding investment advisers’ (“advisers”) compliance with the testimonials and endorsement...more

Katten Muchin Rosenman LLP

SEC Risk Alert on the Advisers Act Marketing Rule

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....more

Herbert Smith Freehills Kramer

OCIE Notifies Investment Advisers of Principal and Agency Cross Trading Compliance Deficiencies

Failures by a number of investment advisers to comply with certain rules governing principal and agency cross trades has prompted the compliance inspections staff of the Securities and Exchange Commission (SEC) to issue a...more

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