SEC Tag

Some industry anxiety was assuaged on October 26 with three no-action letters that offer relief for some US regulated broker-dealers and…

The U.S. Securities and Exchange Commission disclosed recently that its Electronic Data Gathering, Analysis and Retrieval (EDGAR) system, a comprehensive…

On September 28, 2017, the SEC provided regulatory relief to individuals and entities subject to the ’33 Act, ’34 Act…

The Boston Regional Office of the SEC has recently conducted roughly 20 unannounced visits to registered investment advisers in the…

Supreme Court ruled that the SEC is bound by a five-year limitation period when it seeks disgorgement from those who have violated federal securities laws.

Jay Clayton has taken over the reins of the SEC after being sworn in as the 32nd Chair of the…

Operating Holding Companies and Transient Investment Company Status Clarified by SEC in Guidance Update

On March 24, ComplianceCast will address the complex Custody topic, tackling practical implications of what circumstances now will constitute custody.

Ascendant summarizes SEC and FINRA exam priority letters, highlighting key topics to investment advisers and broker-dealers, along with practical advice.

The SEC met its stated fiscal year 2016 goal by examining 11 percent of the investment adviser pool, meaning over 1,300 advisers were covered.

The SEC’s Office of Compliance and Examinations (“OCIE”) released its Examination Priorities for 2017 with a focus on “certain practices, products, and services that OCIE perceives to present potentially heightened risk to investors and/or the integrity of the U.S. capital markets.”

In an October 2013 speech that delved into CCO liability, SEC Chair Mary Jo White said, “(a)lthough we do occasionally bring enforcement actions against compliance personnel, compliance officers who perform their responsibilities diligently, in good faith, and in compliance with the law are our partners and need not fear enforcement action.”