SEC Operations

The SEC has released another snapshot of the private fund industry. Its latest report on Private Fund Statistics tracks trends through data reported via forms ...

Final legal arguments were filed April 24 as an investment adviser accused of marketing fraud contests the SEC’s actions on the grounds that the agency’s ...

Washington may be undergoing dramatic changes but there’s one constant: OCIE’s increasing exams of investment advisers.   “OCIE is business as usual. We’re still doing ...

Acting SEC Chairman Michael Piwowar has occupied his perch for little more than two months but has already stirred the ire of Senator Elizabeth Warren ...

Our work as regulators is not a "zero sum game." A rising tide lifts all boats. Adopting high quality regulatory standards and cooperative relationships create ...

A career as a Wall Street lawyer creates many relationships. The heat in an otherwise lukewarm Senate Banking Committee hearing on SEC Chairman nominee Jay ...

The invitation is out for you to reserve your spot at one of four upcoming compliance meetings that the SEC will stage this spring.   ...

Securities regulation is not an area where great minds always think alike. The 1963 Special Study sparked the equivalent of a contemporary Twitter war between ...

The staff believes that a Holding Company may not have the characteristics12 of an investment company until it fails the 40% Threshold.13 Accordingly, the staff ...

Reflecting on these events, I think some useful lessons can be drawn. First, when fund complexes outsource critical functions to third parties, they should conduct ...