On October 26, 2022, the Securities and Exchange Commission (SEC) issued a new rule proposal that would prohibit registered investment advisers (IAs) from outsourcing certain services without satisfying due diligence, monitoring and reassessment requirements.Continue Reading SEC proposal on outsourcing by investment advisers
Securities and Exchange Commission
Securities Regulators Propose Their Own Version of Identity Theft Red Flags Rule
This post was also written by Amy J. Greer and Frederick C. Leech.
On February 28, 2012, the Securities and Exchange Commission (SEC) and the Commodity Future Trading Commission (CFTC) issued a proposed regulation, Regulation S-ID. This regulation, if adopted, would set forth specific guidance for SEC and CFTC-regulated entities in implementing their internal…