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SEC Proposed Form PF Amendments to Enhance Private Fund Reporting

Brief Introduction On August 10th, the SEC proposed amendments to Form PF which would enhance private fund reporting. Specifically, these amendments would strengthen the SEC’s investor protection capabilities and their oversight of […]

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SEC Charges Firms for Deficiencies in Customer Identity Theft Prevention

Brief Introduction On July 27th, the SEC charged two large Investment Banks and a Broker-Dealer for deficiencies in their programs to prevent customer identity theft. As a […]

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4 Key Takeaways from the 2022 PLI Investment Management Program

Brief Introduction On July 26th, 2022, Practising Law Institute (“PLI”) hosted their annual program for 2022 on Current Issues & Trends in Investment Management.  The Director […]

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Brokerage Firm Charged by SEC for Violating Reg BI Standards

Brief Introduction On June 16th, the SEC announced that they had charged a registered broker-dealer and five of its registered representatives for violating Reg BI in their recommendation […]

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SEC Opens Request for Comments on Certain Information Providers Acting as Investment Advisers

Brief Introduction and Reminder On Wednesday, June 15th, the SEC announced that they would open any requests for comments on Certain Information Providers Acting as Investment Advisers. […]

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SEC Imposes Largest Penalty Ever Against an Audit Firm

Brief Introduction On Tuesday, June 28th, the SEC announced that they charged a well known Audit Firm for employees cheating on the CPA Ethics Exam and withholding evidence […]

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SEC Adopts Rules to Require Electronic Filings

Brief Introduction On Thursday, June 23rd, the SEC adopted amendments to require certain documents filed by investment advisers, institutional investment managers, and certain other entities to […]

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Spring 2022 Regulatory Agenda | SEC Announcements

Brief Introduction On Wednesday, June 22nd, the SEC announced that the Office of Information and Regulatory Affairs released the Spring 2022 Unified Agenda of Regulation and Deregulatory […]

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SEC Charges Private Equity Adviser for Failing to Disclose Disproportionate Expense Allocations to Fund

Brief Introduction Today, June 14th, the SEC announced that they charged a Private Equity Adviser with allocating undisclosed, disproportionate expenses to a private equity fund it advises. […]

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SEC’s First-Ever Enforcement Proceeding Under Section 11 Of The Investment Company Act Of 1940

Brief Introduction Last week, the SEC’s first-ever enforcement proceeding under Section 11 of the Investment Company Act of 1940 occurred for improper switching or replacement of variable annuities. […]

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SEC Proposes New Rule Towards ESG Investment Practices

Brief Introduction On Wednesday, May 25th, the SEC released Proposed ESG Related Amendments for Funds and Advisers. Who Does This Apply To? This Proposed Rule is applicable to […]

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SEC Fines RIA $760k+ Over Wrap Fees

Brief Introduction | SEC Fines RIA $760k+ Over Wrap Fees Recently, the SEC fined an RIA Firm over $760,000+ over Wrap Fees. The RIA and its advisors […]

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