Securities and Exchange Commission (SEC), Client Services

The Major Microsoft Teams Challenge Stumping Legal & Compliance Teams

Pagefreezer on 3/17/2025

Since 2019, the number of users on Microsoft Teams has risen 1500%, from a modest 20 million users in the pre-pandemic year (2019) to over 320 million users in 2024. Microsoft's collaboration platform is now the default...more

SEC Proposes RIA Outsourcing Rule

King & Spalding on 12/13/2022

On October 26, the SEC proposed a new Advisers Act rule (the “Proposed Rule”) that would establish specific obligations for Registered Investment Advisers with respect to outsourcing of “Covered Functions”, as that term is...more

Best Interest Standard of Care for Advisors #8

Faegre Drinker Biddle & Reath LLP on 5/29/2019

I am writing two series of articles that together are called “The Bests.” One is about Best Practices for plan sponsors, while the other is about the Best Interest Standard of Care for advisors. Each series is numbered...more

Developments in the Law Affecting Electronic Payments and Financial Services

Womble Bond Dickinson on 1/28/2019

This survey reports on developments in the law relating to electronic payments. Part II addresses legal challenges to federal and state regulation of e-payments products. Part III discusses the amendment (again) of federal...more

TN Ethics Opinion Approves Lawyers’ Cloud Storage of Client Data

Burr & Forman on 9/25/2015

Tennessee has joined other states in formally approving lawyers’ cloud-storage of client-confidential data. The Board of Professional Responsibility (“BOPR”) held that lawyers ethically may use cloud storage for...more

Representing Others Before The SEC

Allen Matkins on 1/15/2015

Not too long ago, I wrote about the Shareholder Rights Project (SRP) at Harvard Law School, noting that the SRP’s website and correspondence to the Securities and Exchange Commission explicitly stated that the SRP was...more