On Friday, March 5, 2021, the U.S. Securities and Exchange Commission’s highly anticipated Marketing Rule was published in the Federal Register.
SEC amendments to the advertising and cash solicitation rules could bring significant changes to investment advisers.
Amid the unique changes and challenges 2020 has brought, there has been plenty of regulatory news from the SEC and OCIE.
OCIE released a Risk Alert outlining common compliance concerns among registered investment advisers. The list was compiled based on recent compliance examinations of advisers.
The SEC proposed a conditional exemption allowing certain market participants to be exempted from registering as brokers under federal securities laws.
On Nov. 4, 2019, the Securities and Exchange Commission released proposed amendments intended to modernize the advertising and solicitation rules under the Investment Advisers Act.
In a review of a FINRA disciplinary action, the SEC affirmed its zero-tolerance policy for general solicitations of specific Regulation D offerings.
