In a very unusual lawsuit, attorneys general from seven states and the District of Columbia recently sued the SEC, and its chair, Jay Clayton, for declaratory and injunctive relief seeking to block the effectiveness of...more
9/25/2019
/ Best Interest Standard ,
Broker-Dealer ,
Declaratory Relief ,
Disclosure Requirements ,
Dodd-Frank ,
Duty of Care ,
Fiduciary Duty ,
Injunctive Relief ,
Investment Adviser ,
Investment Management ,
Regulation Best Interest ,
Regulatory Agenda ,
Rulemaking Process ,
Securities and Exchange Commission (SEC) ,
Securities Regulation ,
Securities Transactions ,
Standard of Conduct
The Securities and Exchange Commission’s Office of Compliance Inspections and Examinations (OCIE) issued a risk alert earlier this month from its national examination program warning investment advisers of the most common...more
9/24/2019
/ Brokers ,
Cross Trading ,
Disclosure Requirements ,
Failure to Comply ,
Fiduciary Duty ,
Form ADV ,
Investment Advisers Act of 1940 ,
Investment Management ,
OCIE ,
Private Funds ,
Risk Alert ,
Securities Regulation ,
Securities Transactions
The Investment Management Update keeps you apprised of recent developments that affect registered investment companies, private equity funds, hedge funds, investment advisers, and others in the investment management...more
6/18/2019
/ Best Interest Standard ,
Broker-Dealer ,
Business Development Companies ,
Conflicts of Interest ,
Disclosure Requirements ,
ETFs ,
Financial Regulatory Reform ,
Financial Services Industry ,
Investment Adviser ,
Investment Management ,
Offerings ,
Regulation S-P ,
Retail Investors ,
Risk Alert ,
Securities and Exchange Commission (SEC) ,
Securities Transactions ,
Standard of Care