June 30, 2023
The table below outlines the SEC’s current compliance and cyber rule-making, including status, associated dates and links to the proposed, or final, rules. Full list is found here.
| Rule Name | Stage of Rulemaking | Expected Adoption Date | Final Rule Date(s) | Link to Proposed or Final Rule |
|---|---|---|---|---|
| Amendments to Form PF to Require Current Reporting and Amend Reporting Requirements for Large Private Equity Advisers and Large Liquidity Fund Advisers | Final Rule Adopted | May 2023 | December 11, 2023 –Compliance date for new Form PF sections 5 and 6 June 11, 2024 – Compliance date for other updates to Form PF |
View Final Rule |
| Private Fund Advisers; Documentation of Registered Investment Adviser Compliance Reviews | Final Rule | October 2023 | TBD | View Final Rule |
| Form PF; Reporting Requirements for All Filers and Large Hedge Fund Advisers | Final Review | October 2023 | TBD | View Proposed Rule |
| Cybersecurity Risk Management for Investment Advisers, Registered Investment Companies, and Business Development Companies | Final Review | October 2023 | TBD | View Proposed Rule |
| Outsourcing by Investment Advisers | Final Review | April 2024 | TBD | View Proposed Rule |
| Prohibition Against Fraud, Manipulation, and Deception in Connection With Security-Based Swaps; Prohibition Against Undue Influence Over Chief Compliance Officers | Final Review | October 2023 | TBD | View Proposed Rule |
| Enhanced Disclosures by Certain Investment Advisers and Investment Companies about Environmental, Social, and Governance Investment Practices | Final Review | October 2023 | TBD | View Proposed Rule |
| Modernization of Beneficial Ownership Reporting Schedules 13D and 13G | Final Review | October 2023 | TBD | View Proposed Rule |
| Open-End Fund Liquidity Risk Management Programs and Swing Pricing; Form N–PORT Reporting | Final Review | October 2023 | TBD | View Proposed Rule |
| Privacy Act Amendments | Final Review | October 2023 | TBD | View Proposed Rule |
| Investment Company Names | Final Review | October 2023 | TBD | View Proposed Rule |
| Cybersecurity Risk Governance – Public Companies | Final Review | October 2023 | TBD | View Proposed Rule |
| Regulation S P: Privacy of Consumer Financial Information and Safeguarding Customer Information | Final Review | April 2024 | TBD | View Proposed Rule |
| Cybersecurity Risk Management Rules for Broker-Dealers, Clearing Agencies, MSBSPs, the MSRB, National Securities Associations, National Securities Exchanges, SBSDRs, SBS Dealers, and Transfer Agents | Final Review | April 2024 | TBD | View Proposed Rule |
| Rule 144 Holding Period | Proposed | April 2024 | TBD | View Proposed Rule |
| Regulation ATS Modernization | Proposed | April 2024 | TBD | Reginfo |
| Prohibition of Conflicted Practices for Investment Advisers That Use Certain Covered Technologies | Proposed | TBD | TBD | Reginfo |
| Registration for Index-Linked Annuities | Proposed | TBD | TBD | Reginfo |
| Registration for Internet Advisers | Proposed | TBD | TBD | Reginfo |
| Exchange-Traded Products | Proposed | TBD | TBD | Reginfo |
| Registered Investment Company “Fund” Fee Disclosure and Reform | Proposed | TBD | TBD | Reginfo |
The dates above are subject to change by the SEC, but regardless the upcoming months are expected to be eventful on the regulatory front.
