The final rule states that human-directed 'client-specific investment advice, even if delivered through electronic means, would not be eligible activity under the Internet Adviser Exemption'
One of the seven FAQs addresses IA recordkeeping requirements tied to T+1 transition
March proved to be a tough month for the SEC in two federal courts. One judge accused the Commission of “gross misconduct” and, in a ...
A lot has changed since 2003, especially with technology and the internet, so SEC commissioners have approved a new final rule revising its two decades-old ...
Among other things, EXAMS may review whether and how Registrants have evaluated the potential impact of the final rules on their: (i) business activities; (ii) ...
Several states have or hope to pass rules that target ESG investing, including one that proposes to make it a criminal offense to invest funds ...
Covered advice would include recommendations on investment strategies and advice on how rollover proceeds should be invested
A final DOL fiduciary duty rule appears to be getting closer
A common deficiency seen in SEC exams stems from a private fund adviser not updating its Form ADV, Part 1 answer after the distribution of ...
The SEC’s new annual report to Congress about Form PF provides some insights into how the Commission uses private fund data, and how it attempts ...