SEC Actions

In light of COVID-19, however, Division staff will offer applicants the option to provide an e-mail address

On April 8, 2020, the Commission adopted rules that will modify the registration, communications, and offering processes for business development companies and other closed-end investment ...

The Commission intends to continue to monitor the situation as it develops

As directed by Congress, we are adopting rules that will allow affected funds to use the securities offering rules that are already available to operating ...

These new FAQs were published by the SEC in April 2020

The failure of a broker-dealer to provide complete and accurate EBS information ... ultimately interfere[s] with the Commission’s ability to protect investors

Broker-dealers who advance their customers cash from sweep accounts won’t have the outlay count against their net assets while they wait for banks to make ...

Grenville Gooder failed to remain informed about compliance requirements and designated figurehead CCOs who would not undertake any actual compliance responsibilities

The SEC would not recommend enforcement action to the Commission under Advisers Act rule 206(4)-2 if an adviser does not maintain the certificates with a ...

We believe that the June 30, 2020 compliance date for Reg BI and other requirements, including the requirement to file and begin delivering Form CRS, ...