As a reminder, amended rule 203A-2(e) will impose certain reporting, recordkeeping, and compliance requirements on investment advisers relying on the exemption.
Regulatory Notice 22-10 (“Notice”), released on March 17, 2022, restates one of its usually unnoticed principles. Senior management is ultimately accountable.
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Climate risk disclosure has been a major focus under the current administration.
SEC continues to impose major fines in connection with inadequate AML compliance, citing that a cut-and-paste approach to meeting the requirements is not an option.
The Securities and Exchange Commission (“SEC”) recently made amendments to the existing “Advertising Rule” and the “Cash Solicitation Rule” under the “Advisers Act.”
There’s probably not an individual, company, or sector that 2020 left untouched, and anti-money laundering (AML) compliance is no exception.
Regulatory compliance isn’t exactly the easiest area to navigate — and getting it wrong can be both expensive and damaging to a firm’s reputation.
