Proposed Updates to Electronic Recordkeeping Requirements for Broker Dealers
On November 18, 2021, the U.S. Securities and Exchange Commission proposed updates to the Securities Exchange Act of 1934 rules…
Read MoreSecurities Regulation & Compliance
New NASAA Model Rule on Investment Adviser Representative Continuing Education
On January 1, 2022, certain US States will begin imposing new continuing education (“CE”) requirements for Investment Adviser Representatives (“IARs”)…
Read MoreSEC Releases Information Update to Align Existing Staff Letters with New Adviser Marketing Rule
As discussed more fully in our earlier article, the Securities Exchange Commission (“SEC”) adopted its new Marketing Rule on December…
Read MoreUpcoming Deadlines: Investment Advisers’ Year-End and Q1 2022 Compliance Reminders
At the end of every fiscal year, U.S. registered investment advisers (“RIAs”) have regulatory compliance tasks and obligations, which range…
Read MoreIf I Hold an Ownership Interest in a Privately Held, U.S. Domiciled Entity, Will I Need to Disclose Beneficial Ownership Information?
The Corporate Transparency Act (“CTA”) will soon require U.S. domiciled or active entities to report beneficial ownership information to the…
Read MoreFINRA Withdraws Its Proposed Expungement Rule Changes
FINRA proposed a change to its expungement rules in the Fall of 2020, seeking to alter certain aspects of the…
Read MoreChange to Definition of “Qualified Client” Takes Effect
Investor sophistication standards are critical for hedge funds, private equity funds and other advisory firms that use performance-based compensation agreements.…
Read MoreSEC’s Order and Dissent Highlights Uncertain Regulatory Environment for Digital Assets
In a recent administrative proceeding before the Securities and Exchange Commission, crypto firm Blotics, Ltd., also known as Coinschedule.com, drew…
Read MoreRansomware is Out There: Are Your Compliance Policies and Procedures Ready?
Ransomware has emerged as the hack-du-jour and seems to be happening with more and more frequency. On June 7, 2021,…
Read MoreNew York Anti-SLAPP Rules Strengthened
New York State passed new anti-SLAPP laws on November 10, 2020. The term “SLAPP” is an acronym that stands for…
Read More