Latest Developments: Funds

• SEC Issues Risk Alert Relating to Examination Initiatives Focused on Registered Investment Companies

Latest Developments: Advisers

• SEC Issues Risk Alert on Advisory Fee Calculations
• SEC Staff Issues Statement on Form CRS Disclosures

Other Developments

• SEC Staff Statement on LIBOR Transition – Key Considerations for Market Participants
• SEC Announces William Birdthistle as Director of Division of Investment Management
• SEC Continues to Focus on Cryptocurrency