News and Alerts Archives

New Private Fund Rule Compliance Date

News and Alerts Effective Date Now Set for the Private Fund Rule The SEC recently adopted the new Private Fund Rule for Private Funds and Private Fund Advisers. […]

SEC “Likely” to Adopt Private Fund Adviser Rule on August 23rd

News and Alerts Brief Introduction Under the Sunshine Act, the SEC has given notice that it will hold an open meeting on Wednesday, August 23rd at 10:00am. It is highly […]

New Cybersecurity Rule Compliance Dates

News and Alerts Brief Introduction The SEC recently adopted a new rule related to Cybersecurity disclosure. Their release reported that the enforcement dates would rely on the […]

Off-Channel Communication Still a Major Regulatory Focus

NEWS AND ALERTS Brief Introduction BNP Paribas, along with its broker-dealer, has agreed to an undisclosed fine with regulators related to employee off-channel communications. It […]

SEC Will Increase Examiners With Budget Increase

NEWS AND ALERTS Brief Introduction SEC Chairman, Gary Gensler, spoke with senators last week about his plans for the $194 million dollar increase in funds […]

High Demand for Mock Exams

NEWS AND ALERTS Brief Introduction Firms continue to face a regulatory environment that has seen a record number of rule releases, billions in financial punishments, […]

Key Takeaways from House Committee Letter to SEC Chairman

NEWS AND ALERTS Brief Introduction On June 28th, the House Financial Services Committee sent a letter to SEC Chairman, Gary Gensler, related to document requests […]

RIAs Understand the Importance of Compliance to Their Success

NEWS AND ALERTS Brief Introduction In a recent article by InvestmentNews, RIAs throughout the industry report on the importance of compliance to their success. At […]

IAA Argues Against SEC Proposals

NEWS AND ALERTS Brief Introduction The Investment Adviser Association (“IAA”) has publicized their disagreement with four SEC proposals regarding investment advisers. The proposals are related to protecting customer information, […]

AI Use for Private Equity Firms remains Questionable

News and Alerts Brief Introduction Compliance officers of Private Equity Funds have generally taken a cautious approach to allowing employees to use artificial intelligence (“AI”). […]

ESG Issues Remain Major Focus for SEC Investigations

News and Alerts Brief Introduction The SEC has yet to finalize their proposals related to ESG disclosure. However, Firms that advertise ESG in their materials should be prepared to […]

SEC Marketing Rule Enforcements Appear Inevitable

News and Alerts Brief Introduction The SEC Marketing Rule has been in full effect with a compliance date of November 4th, 2022. Recently, the Investment Adviser Association (“IAA”) […]