Nine Things to Notice: SEC Examiners’ Focus Areas
Nine Things to Notice: SEC Examiners’ Focus Areas WHAT HAPPENED? As capital markets shift and the risks to market participants change, so do the focus areas of routine SEC [...]
LIBOR Transition Compliance Risks
LIBOR Transition Compliance Risks WHAT HAPPENED? On June 18, 2020, the Office of Compliance Inspections and Examinations of the United States Securities and Exchange Commission (OCIE) announced an exam [...]
OCIE: Private Fund Risk Alert
OCIE: Private Fund Risk Alert WHAT HAPPENED? On June 23, 2020, the Office of Compliance Inspections and Examinations of the United States Securities and Exchange Commission (OICE), released a [...]
Our Firm Filed Form CRS – What Now?
Our Firm Filed Form CRS - What Now? WHAT HAPPENED? Initial filings of Form ADV Part 3 (Form CRS) are due by June 30, 2020. For months, retail advisers [...]
Look for Fairview at the NSCP National Conference
Look for Fairview at the NSCP National Conference On Oct. 19-21, 2020, the National Society of Compliance Professionals (NSCP) will hold its annual national conference virtually. In addition to sponsoring [...]
Firm Misused MNPI, Ordered to Pay $1 Million
Firm Misused MNPI, Ordered to Pay $1 Million WHAT HAPPENED? On May 26, 2020, the United States Securities and Exchange Commission released documentation detailing an enforcement action against a [...]
Adviser Fined $60,000 for Custody Rule Violation
Adviser Fined $60,000 for Custody Rule Violation WHAT HAPPENED? On May 22, 2020, the United States Securities and Exchange Commission published information on an enforcement action against a registered [...]
Six Ways to Help Protect Your Firm from a Cybersecurity Breach
Six Ways to Help Protect Your Firm from a Cybersecurity Breach WHAT HAPPENED? As the COVID-19 pandemic has changed how most industries are conducting business, one of the biggest [...]
UPDATE: SEC Provides Guidance on Advisory Firms Accepting PPP Loans
UPDATE: SEC Provides Guidance on Advisory Firms Accepting PPP Loans WHAT'S GOING ON? Many investment advisers have applied for or accepted a Paycheck Protection Program (“PPP”) loan for their [...]
SEC Proposes Rule to Modernize Fund Valuation Practices
SEC Proposes Rule to Modernize Fund Valuation Practices WHAT HAPPENED? Last month, the United States Securities and Exchange Commission released a proposed rule, Rule 2a-5, which would modernize valuation [...]
NSCP Currents- “Pandemic Planning: Preparing Your Firm to Respond to COVID-19”
NSCP Currents- "Pandemic Planning: Preparing Your Firm to Respond to COVID-19"
SEC Makes Updates to Regulatory Relief Guidance
SEC Makes Updates to Regulatory Relief Guidance WHAT HAPPENED? Earlier this week, the SEC made updates to a set of frequently asked questions (“FAQs”) intended to provide guidance on [...]
Annual FINRA Entitlement User Accounts Certification – 2020
Annual FINRA Entitlement User Accounts Certification - 2020 WHAT HAPPENED? The FINRA Entitlement Program requires an annual review and certification of user accounts to ensure that all persons with [...]
10 Things to Document When Implementing Your Business Continuity Plan
10 Things to Document When Implementing Your Business Continuity Plan In the COVID-19 pandemic, widespread shutdowns and stay-at-home orders are in place. Under these circumstances, maintaining thorough documentation of your [...]
Risk Alerts From OCIE: Form CRS and Reg BI
Risk Alerts From OCIE: Form CRS and Reg BI WHAT HAPPENED? On April 7, 2020, the Office of Compliance Inspections and Examinations (OCIE) of the United States Securities and [...]
SEC Updates Custody Rule FAQs to Address COVID-19 Concerns
SEC Updates Custody Rule FAQs to Address COVID-19 Concerns WHAT HAPPENED? As effects of the COVID-19 pandemic continue to impact global securities markets, regulatory bodies are taking steps to [...]
