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 [...]
Important Upcoming Deadlines for SEC Registered Investment Advisers
Important Upcoming Deadlines for SEC Registered Investment Advisers WHAT IS HAPPENING? There are several key deadlines for SEC registered investment advisers in the coming weeks, including form distribution and [...]
How to Prepare for Form CRS
How to Prepare for Form CRS Recently, Amber Allen, Vice President and General Counsel, and Nick Byrne, Relationship Manager, of Fairview offered their knowledge of Form CRS to help advisers [...]
SEC Issues Additional Relief and Guidance as COVID-19 Creates Obstacles
SEC Issues Additional Relief and Guidance as COVID-19 Creates Obstacles WHAT HAPPENED? In response to the unusual state of global securities infrastructures stemming from COVID-19, the SEC is continuing [...]
SEC Exams Now Focusing on Firms’ Pandemic Plans
SEC Exams to Focus on Firms’ Pandemic Plans WHAT HAPPENED? Despite the sweeping effects of COVID-19, the SEC is continuing enforcement efforts and is still initiating examinations. In response [...]
COVID-19 UPDATE: A Breakdown of the SEC’s Regulatory Relief Provisions for Filings and Documentation
A Breakdown of the SEC’s Regulatory Relief Provisions for Filings and Documentation ***UPDATE*** On March 23 and 25, 2020, the SEC released further extended dates for the items listed [...]
