"Examinations have revealed risks that advisers to private funds disclose inaccurate, incomplete or misleading information, engage in disparate treatment of investors, and often inadequately address ...
"If a mutual fund receives a request from its transfer agent that the Commission required the transfer agent to make, fund counsel reasonably will view ...
"It is important that any rate used to replace LIBOR be robust and not ill clad. Certain alternatives being considered in the markets, however, present ...
"We live in an historic, transformational age with regard to predictive data analytics and the use of artificial intelligence"
"Requiring firms to subject certain types of technologies to a uniquely onerous review and conflict remediation process is not technology neutral"
"It is similarly important for the SEC to build in safeguards to protect investors from the potential for harm posed by firms using new technologies ...
"If the proposal is adopted, firms that rely on the Internet Advisers Exemption—thus being regulated by the SEC rather than state securities regulators—would actually need ...
"The proposal would eliminate the ability for internet advisers to have any non-internet clients and require that the adviser’s website or mobile application always be ...
"An exemption that was intended to be quite narrow has become broad – and broadly-misused – to the benefit of certain non-compliant advisers who may ...
"Today’s proposed amendments would require an adviser to have an operational interactive website or mobile app, to provide advice solely to clients via the website, ...