Stay to up to date on trends and breaking news impacting financial services and compliance, performance, risk and cybersecurity.
SEC Revises Marketing FAQ to Address Private Fund Net Performance
SEC Revises Marketing FAQ to Address Private Fund Net Performance What happened? On January 11, 2023, the SEC updated its Frequently Asked Questions page for the New Marketing Rule. [...]
NSCP Currents: Beatles, Buy-In, and Business Strategies: Simplifying the Process of Earning and Maintaining Employee Buy-In for Organizational Initiatives
NSCP Currents: Beatles, Buy-In, and Business Strategies: Simplifying the Process of Earning and Maintaining Employee Buy-In for Organizational Initiatives
SEC Risk Alert on Prevention of Identity Theft and Reg S-ID
SEC Risk Alert on Prevention of Identity Theft and Reg S-ID What happened? The Division of Examinations (“EXAMS”) issued a Risk Alert to assist firms with identity theft prevention [...]
Goldman Sachs Fined $4M for Policy Failures of ESG Investments
Goldman Sachs Fined $4M for Policy Failures of ESG Investments What happened? On November 22, 2022, the U.S. Securities and Exchange Commission SEC charged Goldman Sachs Asset Management, LP [...]
NSCP Currents: PTE 2020-02 Retrospective Reviews
PTE 2020-02 Retrospective Reviews
The SEC’s New Proxy Rule: What You Need to Know
The SEC's New Proxy Rule: What You Need to Know What happened? On November 2, 2022, the Securities and Exchange Commission (SEC) adopted rule and form amendments that will [...]
SEC New Marketing Rule Compliance Date Reminder
SEC New Marketing Rule Compliance Date Reminder What happened? Reminder: As of Today, investment advisers can no longer choose to comply with previous advertising and cash solicitation rules following [...]
Fairview General Counsel Amber Allen Elected to the NSCP Board of Directors
Fairview General Counsel Amber Allen Elected to the NSCP Board of Directors Amber Allen, who serves as the General Counsel and Executive Vice President of Fairview®, LLC, was elected to [...]
2023 IARD Annual Renewal Message
2023 IARD Annual Renewal Message What's coming up soon? Every year at this time, Renewal Statements for advisers are posted in the IARD Portal. These fees are collected for [...]
CISA Issues Guidance on Numbers Matching and Phishing-Resistant Multifactor Authentication
CISA Issues Guidance on Numbers Matching and Phishing-Resistant Multifactor Authentication What happened? The Cybersecurity and Infrastructure Security Agency (“CISA”) published two fact sheets on October 31, 2022, outlining the [...]
SEC Proposes New Rule on Outsourcing by Investment Advisers
SEC Proposes New Rule on Outsourcing by Investment Advisers What happened? On Wednesday, Oct. 26, 2022, the Securities and Exchange Commission (SEC) proposed a new rule and amendments regarding [...]
Typosquat Campaign Mimics 27 Brands to Push Windows, Android Malware
Typosquat Campaign Mimics 27 Brands to Push Windows, Android Malware What happened? A massive typosquat campaign has come to light with over 200 typosquatting domains impersonating 27 brands to [...]
Electronic Communications Recordkeeping: SEC Examination Requests
Electronic Communications Recordkeeping: SEC Examination Requests What happened? After landmark penalties against 16 Wall Street Firms, the message is clear: firms are expected to abide by the U.S. Securities [...]
Uber’s 2016 Data Breach Cover-Up Results in Former Security Chief’s Conviction
Uber’s 2016 Data Breach Cover-Up Results in Former Security Chief’s Conviction What happened? On Wednesday, Oct. 5, 2022, Joe Sullivan, former chief security officer for Uber, was convicted on [...]
SEC Reopens Comment Periods for Cybersecurity, ESG, and More
SEC Reopens Comment Periods for Cybersecurity, ESG, and More What happened? In a surprising development, the U.S. Securities and Exchange Commission (SEC) announced that they would reopen the comment [...]
Cybersecurity Awareness Month: Four Things You Can Do
Cybersecurity Awareness Month: Four Things You Can Do Cyberattacks are now seen as the biggest risk to businesses – outranking COVID-19, economic turmoil, skills shortages, and other issues, according [...]