Client Alert

Investment Management Legal and Regulatory Update - January 2020

Download this quarter’s edition of the Investment Management Legal and Regulatory Update to read about the following topics:

LATEST DEVELOPMENTS 

• SEC Announces 2020 Examination Priorities

LATEST DEVELOPMENTS: FUNDS

• OCIE Issues Risk Alert Regarding Compliance Topics Observed in Investment Company Examinations
• SEC Proposes New Rules Governing the Use of Derivatives by Registered Investment Companies and Financial Intermediary Sales Practices
• SEC Proposes Rule for Expedited 1940 Act Exemptive Relief

LATEST DEVELOPMENTS: ADVISERS

• SEC Proposes Amendments to the "Accredited Investors" Defintion
• SEC Proposes Rules Regarding Proxy Voting Advice and Shareholder Approvals; ISS Sues SEC
• SEC Proposes Amendments to Modernize Advertising and Cash Solicitation Rules
• Update on the California Consumer Privacy Act: Important Exemptions for Financial Services Companies
• SEC Issues FAQ on Disclosure of Certain Financial Conflicts Related to Compensation
• Form CRS: Upcoming Deadline and FAQs

COMPLIANCE DATES FOR FINAL RULES

• Amendments to Form N-CEN Associated with Liquidity Rule
• Amendments to the Certification Requirements of Form N-CSR
• Investment Company Reporting Modernization: New Form N-PORT
• Rescission of Form N-Q
• Form N-1A
• FAST Act Amendments Impacting Registration Statement and N-CSR Filings
• Form CRS; Client Relationship Summary

Download the Update