News & Insights

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

News
03 Apr, 2023

New Brand; Same Ownership and Same Quality, Tailored Services

Today, after years of steady growth, Fairview has unveiled a new brand that aligns more closely with the company Fairview is today.

Flash Reports
16 Mar, 2023
Amber Allen

SEC Reopens Public Comment on The Cybersecurity and Risk Management Rule and Proposes Changes to Reg S-P to Enhance Protection of Customer Information

On Wednesday, March 15, the SEC held an opening meeting and announced three proposed rules touching on cybersecurity and also reopened its proposed Cybersecurity Risk Management Rule for more public commentary

Flash Reports
13 Mar, 2023
Amber Allen

Fairview Webinar: The SEC’s Proposed Cybersecurity Risk Management Rule and The Proposed Outsourcing Rule Presentation

Fairview’s team of regulatory experts discuss details of the proposed rule, associated changes, and what RIAs can do to begin to prepare for compliance.

Flash Reports
24 Feb, 2023
Amber Allen

NSCP Currents: Outsourcing to Service Providers

Nearly all firms utilize service providers in the usual course of business. It has been a clear regulatory prerogative to perform due diligence on critical service providers for many years.

Flash Reports
20 Feb, 2023

DOL’s Fiduciary Status For Rollovers Struck Down in District Court

On February 13, 2023, the United States District Court’s Middle District of Florida (“the court”) struck down the expanded definition of investment-advice fiduciary put forward by the Department of Labor (DOL) in its Frequently Asked Questions (FAQ) publication from April 2021.

Flash Reports
16 Feb, 2023

SEC Proposes Rule Changes Related to Custody of Client Assets

On February 15, 2023, the SEC proposed rule changes intended to strengthen custody protections for client assets managed by RIAs. The proposed amendment and redesignation of the Custody Rule (Rule 206(4)-2), as the Safeguarding Rule (Rule 223-1), expands current protections to cover more client asset types and impacts related recordkeeping and reporting requirements.

Flash Reports
13 Feb, 2023
Amber Allen

SEC Expected to Finalize Cybersecurity Rule Spring 2023

On January 11, 2023, the SEC updated its Frequently Asked Questions page for the New Marketing Rule. There are now three questions and three answers.

Flash Reports
09 Feb, 2023

2023 SEC Examination Priorities: New Rules, Private Funds, Retail Investors and Working Families, ESG, Information Security, and Digital Assets

On February 7, 2023, the SEC’s Division of Examinations (“EXAMS”) published its 2023 Examination Priorities. These annual priorities highlight practices, products, and services that present potentially heightened risks to investors or to US capital markets.

SEC Revises Marketing FAQ to Address Private Fund Net Performance

On January 11, 2023, the SEC updated its Frequently Asked Questions page for the New Marketing Rule. There are now three questions and three answers.

News
21 Dec, 2022

NSCP Currents: Beatles, Buy-In, and Business Strategies: Simplifying the Process of Earning and Maintaining Employee Buy-In for Organizational Initiatives

Simplifying the Process of Earning and Maintaining Employee Buy-In for Organizational Initiatives.

Flash Reports
07 Dec, 2022
Amber Allen

SEC Risk Alert on Prevention of Identity Theft and Reg S-ID

The Division of Examinations (“EXAMS”) issued a Risk Alert to assist firms with identity theft prevention programs required under Regulation S-ID.