Stay to up to date on trends and breaking news impacting financial services and compliance, performance, risk and cybersecurity.
Adviser Fined $60,000 for Custody Rule Violation
Adviser Fined $60,000 for Custody Rule Violation WHAT HAPPENED? On May 22, 2020, the United States Securities and Exchange Commission published information on an enforcement action against a registered [...]
Six Ways to Help Protect Your Firm from a Cybersecurity Breach
Six Ways to Help Protect Your Firm from a Cybersecurity Breach WHAT HAPPENED? As the COVID-19 pandemic has changed how most industries are conducting business, one of the biggest [...]
Reminder: Annual GIPS® Notification Renewal Due June 30, 2020
Reminder: Annual GIPS® Notification Renewal Due June 30, 2020 Firms and asset owners claiming compliance with the Global Investment Performance Standards (GIPS®) are required to notify CFA Institute of their claim [...]
UPDATE: SEC Provides Guidance on Advisory Firms Accepting PPP Loans
UPDATE: SEC Provides Guidance on Advisory Firms Accepting PPP Loans WHAT'S GOING ON? Many investment advisers have applied for or accepted a Paycheck Protection Program (“PPP”) loan for their [...]
SEC Proposes Rule to Modernize Fund Valuation Practices
SEC Proposes Rule to Modernize Fund Valuation Practices WHAT HAPPENED? Last month, the United States Securities and Exchange Commission released a proposed rule, Rule 2a-5, which would modernize valuation [...]
NSCP Currents- “Pandemic Planning: Preparing Your Firm to Respond to COVID-19”
NSCP Currents- "Pandemic Planning: Preparing Your Firm to Respond to COVID-19"
SEC Makes Updates to Regulatory Relief Guidance
SEC Makes Updates to Regulatory Relief Guidance WHAT HAPPENED? Earlier this week, the SEC made updates to a set of frequently asked questions (“FAQs”) intended to provide guidance on [...]
Annual FINRA Entitlement User Accounts Certification – 2020
Annual FINRA Entitlement User Accounts Certification - 2020 WHAT HAPPENED? The FINRA Entitlement Program requires an annual review and certification of user accounts to ensure that all persons with [...]
10 Things to Document When Implementing Your Business Continuity Plan
10 Things to Document When Implementing Your Business Continuity Plan In the COVID-19 pandemic, widespread shutdowns and stay-at-home orders are in place. Under these circumstances, maintaining thorough documentation of your [...]
How GIPS® Compliance Can Help Grow AUM
How GIPS® Compliance Can Help Grow AUM The Global Investment Performance Standards (GIPS®) are voluntary ethical standards for calculating and presenting investment performance based on the principles of fair representation and [...]
Risk Alerts From OCIE: Form CRS and Reg BI
Risk Alerts From OCIE: Form CRS and Reg BI WHAT HAPPENED? On April 7, 2020, the Office of Compliance Inspections and Examinations (OCIE) of the United States Securities and [...]
SEC Updates Custody Rule FAQs to Address COVID-19 Concerns
SEC Updates Custody Rule FAQs to Address COVID-19 Concerns WHAT HAPPENED? As effects of the COVID-19 pandemic continue to impact global securities markets, regulatory bodies are taking steps to [...]
Important Upcoming Deadlines for SEC Registered Investment Advisers
Important Upcoming Deadlines for SEC Registered Investment Advisers WHAT IS HAPPENING? There are several key deadlines for SEC registered investment advisers in the coming weeks, including form distribution and [...]
How to Prepare for Form CRS
How to Prepare for Form CRS Recently, Amber Allen, Vice President and General Counsel, and Nick Byrne, Relationship Manager, of Fairview offered their knowledge of Form CRS to help advisers [...]
CFA Institute’s Online Resources for Firms Claiming Compliance with the 2020 GIPS® Standards
CFA Institute’s Online Resources for Firms Claiming Compliance with the 2020 GIPS® Standards CFA Institute’s website has a great list of resources for firms claiming compliance with the Global Investment Performance [...]
SEC Issues Additional Relief and Guidance as COVID-19 Creates Obstacles
SEC Issues Additional Relief and Guidance as COVID-19 Creates Obstacles WHAT HAPPENED? In response to the unusual state of global securities infrastructures stemming from COVID-19, the SEC is continuing [...]