Check out our Flash Reports for the latest SEC- and compliance-related news, trends, and insights.
On March 19, 2025, the SEC updated its Marketing Rule FAQ with new guidance on extracted performance and information on how to navigate the performance versus investment characteristic question.
Read MoreSocial engineering schemes include vishing and smishing; these schemes are becoming more common among employees who use personal devices for work. Fortunately, there are steps your organization can take to remain aware and vigilant about evolving social engineering attack risks.
In recent years, the SEC has heightened its emphasis on cybersecurity requirements for firms. Routine examinations now often involve in-depth requests for information on firms’ cyber and data security practices, which are areas of evolving risk for all market participants.
Until this point, “accredited investors” were limited to certain individuals based on income or net worth. With the amendments to the definition, the SEC aims to increase access to private capital markets for previously unqualified market participants.
If a vendor has weak security measures, your firm or client information could be at risk if bad actors successfully compromise this third party’s system. Proactively reviewing and vetting vendors’ cybersecurity policies and procedures is an effective way to block potential data theft.
The OCIE issued a Risk Alert that outlines new compliance risks stemming from the global pandemic. The SEC and OCIE have remained operational and have continued to initiate examinations, including routine examinations of investment advisers.
The SEC proposed a new set of amendments to mutual fund and exchange-traded fund disclosure requirements. The package includes, among other things, changes to visual presentation requirements and the disclosure framework for open-end fund shareholder documents.