News & Insights

Check out our Flash Reports for the latest SEC- and compliance-related news, trends, and insights.

Flash Reports
03 Sep, 2026

2026 Fall Filing Preview

Fall filing season is here — and between Form PF, 13F, 13G, and three federal holidays, Q4 can get crowded. Here's your at-a-glance guide to what's due and when, so nothing catches your team off guard.

Flash Reports
07 Mar, 2024

SEC Adopts Final Climate Disclosure Rules for Public Companies

On March 6, 2024, the Securities and Exchange Commission (SEC) adopted final climate disclosure rules for public companies and in public offerings, according to the SEC’s Press Release.

CyberSecurity
06 Mar, 2024

NIST Releases Updated Version of Cybersecurity Framework

Last week, the National Institute of Standards and Technology (NIST) released version 2.0 of its widely used Cybersecurity Framework (CSF), its landmark guidance document for reducing cybersecurity risk. This is the first major update since the framework was initially launched in 2014 to help organizations understand, mitigate, and communicate cybersecurity-related risks.

Anti-Money Laundering (AML)
22 Feb, 2024

FinCEN Proposes AML Rule for SEC Registrants and Exempt Reporting Advisers, Again

On February 13, 2024, the Financial Crimes Enforcement Network (FinCEN) proposed a new rule to combat the investment of illicit funds in the U.S. financial system. The proposed rule would require certain investment advisers to apply Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) requirements pursuant to the Bank Secrecy Act (BSA).

SEC starts 2024 with Charges Against More Firms for Off-Channel Communications Failures

On February 9, 2024, the SEC announced charges against five broker-dealers, seven dual registrants, and four advisers for recordkeeping violations related to electronic communications.

Flash Reports
13 Feb, 2024

Risk Alert: Phishing Campaign Targeting Senior Corporate Accounts in Microsoft Azure

An active phishing campaign using individualized phishing lures is targeting senior corporate accounts in Microsoft Azure environments, according to researchers from Proofpoint, a company that provides cybersecurity products and software.

Flash Reports
13 Feb, 2024

SEC Marketing FAQ: Net IRR Guidance for Private Funds

On February 6, 2024, the SEC updated its Frequently Asked Questions page for the new Marketing Rule. The page now has four questions and four answers, which provide clarity on items such as the compliance date of November 4, 2022, and an adviser’s ability to comply early; the prescribed time period requirement and conditions on the use of interim performance information; presenting performance of one investment or group of investments in a private fund; and calculation of gross and net performance.

Flash Reports
30 Jan, 2024

SEC Requirement: Annual Amendment for Form ADV 2024

The SEC requires that investment advisers file a form ADV Annual Amendment within 90 days of the end of the adviser’s fiscal year. If your fiscal year ended Dec. 31, you will be required to file an annual amendment to your Form ADV by March 30, 2024.

Flash Reports
25 Jan, 2024

New Rule 13f-2 and Form SHO

Stay up to date on SEC and compliance-related news, including SEC exam topics, the SEC Marketing Rule, and more, with our News and Flash Reports.

Flash Reports
16 Jan, 2024

Reminder about the “13s” due February 14, 2024

The are a number of filing deadlines coming up next month for the “13s”. As of February 5, 2024, the filing deadline for Schedule 13Ds, Schedule 13Gs, and their respective amendments will be extended from 5:30PM EST to 10:00 PM EST.

Flash Reports
02 Jan, 2024

Four-Step Guide to Investment Adviser Compliance Program Readiness

Last year was a busy year for the SEC, and 2024 is expected to be even busier. The New Year is a great time to take a fresh look at your compliance program to make sure you are meeting the most up-to-date best practices, and to ensure you are prepared for regulatory inspection.