Latest Developments

• SEC Adopts Rule Amendments to Regulation S-P to Enhance Protection of Customer Information

Latest Developments: Advisers

• SEC’s Private Fund Adviser Rules Struck Down by the Fifth Circuit

• SEC Risk Alert Regarding Advisers Act Marketing Rule Compliance and Enforcement Actions

• The New DOL Fiduciary Rule

• DOL Finalizes Changes to the QPAM Exemption

• SEC and FinCEN Propose CIP Requirements for Advisers

Litigation/Enforcement Actions

• Supreme Court Limits SEC In-House Enforcement Authority in SEC v. Jarkesy

• SEC Obtains Jury Verdict in “Shadow Trading” Insider Trading Case

• SEC Enforcement Action Against RIA Relating to Off-Channel Communications

• SEC Enforcement Action Against Adviser for “Pay-to-Play” Rule Violations

Other News of Interest

• Federal Ban of Effectively all Existing and Future Non-Competes

Compliance Reminders

• T+1 Settlement Cycle | Compliance Impact on Advisers

• Form N-PX Filing | Compliance Reminders for Investment Companies and Advisers Filing Form 13F