Tag Archives: Investment Regulation

SEC’s Office of Compliance Inspections and Examinations Releases 2019 Examination Priorities

Click here for a comprehensive GT Alert on this topic. On Dec. 20, 2018, the Office of Compliance Inspections and Examinations (OCIE) of the U.S. Securities and Exchange Commission (SEC) issued its annual Examination Priorities for 2019 (Exam Priorities), which is available for download here. The Exam Priorities focus around six thematic areas: (1) Retail Investors, … Continue Reading

New SEC Rule Proposal – Written Business Continuity and Transition Plans for Registered Advisers

Earlier this week, the SEC issued a Press Release announcing a Rule Proposal that would require SEC-registered investment advisers to adopt written business continuity and transition plans (BCP) as part of their compliance program.  The comment period on the Rule Proposal is expected to close in September.  Under the proposed rule, an adviser’s written BCP … Continue Reading

SEC Acts to Enhance Oversight of Funds and Advisers

During recent months the SEC has made a number of announcements regarding its efforts to enhance and expand its oversight and inspections of registered investment companies and investment advisers. Of significance in this regard was the announcement of plans to hire additional examiners and reassign some existing examiners to expand the staff available for inspections of … Continue Reading

Proposed AML Program and SAR Reporting Requirements Nearing for Investment Advisers

On July 23, 2015, the Office of Management and Budget (OMB) completed its review of a proposed regulation submitted to OMB by the Financial Crimes Enforcement Network (FinCEN) of the U.S. Department of the Treasury that, when finalized into a final regulation, would require investment advisers to adopt and implement anti-money laundering (AML) program and … Continue Reading

New SEC Cybersecurity Guidance for Investment Advisers and Fund Managers

This post summarizes the recent U.S. Securities and Exchange Commission (SEC) Guidance Update related to cybersecurity issues applicable to registered advisers and funds. This update will likely serve as a basis for any inspections by the SEC staff dealing with cybersecurity so investment advisers may want to review and revise their compliance policies accordingly. You … Continue Reading
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