Stay to up to date on trends and breaking news impacting financial services and compliance, performance, risk and cybersecurity.
Proposed Amendments to Form PF
Proposed Amendments to Form PF What happened? Since its adoption in 2011, Form PF has been used by private fund advisers to describe required information regarding their fund’s operations. [...]
NSCP Currents: Using Litigation Releases as Case Studies: The SEC’s First Reg BI Case
NSCP Currents: Using Litigation Releases as Case Studies: The SEC's First Reg BI Case
SEC Charges JPMorgan, UBS, and TradeStation for Deficiencies Relating to the Prevention of Customer Identity Theft
SEC Charges JPMorgan, UBS, and TradeStation for Deficiencies Relating to the Prevention of Customer Identity Theft What happened? The SEC announced in a press release that it separately charged [...]
SEC Examination Requests Regarding E-signatures
SEC Examination Requests Regarding E-signatures What happened? Electronic signatures have become an important part of advisers’ daily business. While the SEC’s Division of Exams (EXAMS) has not yet published [...]
The New Marketing Rule: Part 7 – Third Party Ratings
The New Marketing Rule: Part 7 – Third Party Ratings What happened? On December 22, 2020, the U.S. Securities and Exchange Commission (SEC) passed amendments to the advertising and [...]
The New Marketing Rule Part 6 – Categories of Performance and Their Requirements
The New Marketing Rule Part 6: Categories of Performance and Their Requirements What happened? On December 22, 2020, the U.S. Securities and Exchange Commission (SEC) passed amendments to the advertising [...]
Risk Alert: Pirated copy of popular app being used to spread information-stealing malware
Risk Alert: Pirated copy of popular app being used to spread information-stealing malware WHAT HAPPENED? Malware that steals your passwords, credit cards, and crypto wallets is being promoted through search [...]
SEC Proposes to Enhance Disclosures About ESG Investment Practices
SEC Proposes to Enhance Disclosures About ESG Investment Practices What happened? On May 25th, the Securities and Exchange Commission (SEC) proposed amendments to rules and reporting forms to promote consistent, [...]
QuickBooks Customers Targeted in Ongoing Series of Phishing Attacks
QuickBooks Customers Targeted in Ongoing Series of Phishing Attacks WHAT HAPPENED? Intuit has warned that customers of its widely used software program QuickBooks are being targeted in an ongoing series [...]
The New Marketing Rule Part 5 – Challenges for Performance Advertising
The New Marketing Rule Part 5 - Challenges for Performance Advertising What happened? On December 22, 2020, the U.S. Securities and Exchange Commission (SEC) passed amendments to the advertising and [...]
Reminder: Upcoming Deadline Annual GIPS® Compliance Notification
Annual GIPS® Compliance Notification Renewal Due June 30, 2022 Firms and asset owners claiming compliance with the Global Investment Performance Standards (GIPS®) are required to notify CFA Institute of their claim [...]
SEC’s ESG Taskforce Fines Investment Adviser $1.5 Million for Misstatements Concerning ESG
SEC’s ESG Taskforce Fines Investment Adviser $1.5 Million for Misstatements Concerning ESG What happened? On May 23rd, the Securities and Exchange Commission (SEC) charged BNY Mellon Investment Adviser, Inc. for [...]
The New Marketing Rule Part 4 – Implications for Social Media
The New Marketing Rule Part 4 - Implications for Social Media What happened? On December 22, 2020, the U.S. Securities and Exchange Commission (SEC) passed amendments to the advertising and [...]
April 2022 Cyber Recap
April 2022 Cyber Recap The ever-changing cybersecurity landscape can be hard to keep up with. The introduction of new technologies such as cryptocurrency and the ever-changing nature of threats from hackers [...]
The New Marketing Rule Part 3 – General Prohibitions
The New Marketing Rule Part 3 - General Prohibitions What happened? On December 22, 2020, the U.S. Securities and Exchange Commission (SEC) passed amendments to the advertising and cash solicitation [...]
What are Testimonials and Endorsements?
The New Marketing Rule Part 2 - What are Testimonials and Endorsements? What happened? On December 22, 2020, the U.S. Securities and Exchange Commission (SEC) passed amendments to the [...]