July 3, 2018 California Privacy Law Brings ‘GDPR-Lite’ to the U.S. In what has become an ongoing race among states to have the toughest privacy regulation in the U.S., California has…
June 27, 2018 CSS CRO Jeanette Turner on Bloomberg Markets CSS’ global profile continues to rise. Chief Regulatory Officer Jeanette Turner recently appeared on Bloomberg Markets: Rules & Returns to…
June 26, 2018 SEC Deficiency Letters Require Swift Action On the topic of SEC Deficiency Letters, if you have received one, you must promptly take corrective action. The SEC…
June 19, 2018 Past Conference Speaker Inspiration for The Rock’s Next Blockbuster If you attended Ascendant’s 2016 San Diego conference, you will no doubt remember our outstanding keynote speaker, Jeff Glasbrenner. Jeff…
June 15, 2018 Relief at Last – New Guidance on Inadvertent Custody The SEC quietly provided additional guidance to the industry about inadvertent custody in supplemental responses to the Custody Rule FAQs….
June 14, 2018 Advisers Beware: FBI “Operation WireWire” Shows Firms Increasingly Being Targeted Using SEC Filings CSS has observed more and more investment advisers falling victim to Business Email Compromise, or “BEC” schemes over the past…
June 1, 2018 Deputy Attorney General Rod Rosenstein Discusses Compliance Program Effectiveness The embattled U.S. Deputy Attorney General Rod Rosenstein recently spoke to compliance pros at the 2018 Annual Conference for Compliance…
May 21, 2018 Cayman Islands Updates AML Regulations for Private Equity The Cayman Islands has further bolstered its anti-money laundering (“AML”) and countering of terrorist financing (“CTF”) rules. The new AML/CTF…
May 18, 2018 SEC Creates Bogus ICO Site to Teach About Cryptocurrency Fraud On May 16, 2018, the SEC’s Office of Investor Education and Advocacy launched an educational website meant to demonstrate a…
May 15, 2018 Get Ready for Form ADV, Part 3: Form CRS Are you ready for Form ADV Part 3? As if the last annual updating amendment filing was not tedious enough…
May 9, 2018 For Cryptocurrency and Blockchain, a Reckoning is Coming NOTE: Ascendant Director of Cyber IT Services E.J. Yerzak recently spoke at the AIM Summit in Abu Dhabi, a conference…
May 7, 2018 Code of Ethics: SEC Focus Shifts Radar to Retail Firms Each investment adviser’s Code of Ethics and other compliance policies set forth the standards of business conduct to which supervised…