U.S. Regulatory Update – Winter 2023

This edition of our Regulatory Update kicks off with our take on the SEC's 2023 enforcement results, a break down of the implications of FinCEN's Corporate Transparency Act, and an in-depth analysis of the DOL's fiduciary rule proposal.

For advisers, we provide a current snapshot of state IAR CE requirements and share details of the SEC's recent updates to the ADV FAQ.

For CPOs/CTAs, we give a commentary on the CFTC's new blueprint for enforcement.

This edition, includes articles such as:

• 2023 SEC Enforcement Results
• The DOL’s Latest Attempt to Extend ERISA Fiduciary Obligations to 401K Rollovers
• FinCEN’s Latest Anti-Money Laundering Rule: Exemption for RIAs and Venture Capital Fund Managers
• Modernization of Beneficial Ownership Reporting
• Update on NYDFS Cybersecurity Regulations State IAR CE Requirements – A year end update
• Division of Investment Management: Updates to Form ADV FAQ
• The SEC Imposes Yet Another Reporting Obligation for Securities Lending
• The SEC Requires Monthly Reporting of Short Sale Data by Institutional Investment Managers
• CCO Liability Update
• The CFTC’s Enforcement Advisory of Penalties, Monitors, Consultants, and Admissions
• The SEC Charges Adviser to Private Funds For Failure to Comply with the Custody Rule
• Exempt Reporting Advisers Still Subject to SEC Regulations on Short Selling

Download

How we help

The compliance environment has never been more complex or demanding. We can help you to navigate the evolving regulatory landscape while considering the complexity of your firm’s unique compliance requirements.   

ACA Signature is a scalable solution curated to suit your firm’s unique compliance needs. With ACA Signature, you can choose the combination of compliance advisory services,  innovative technology and managed services that is right for your firm. ACA Signature puts you in complete control of your compliance program.  

Reach out to your ACA consultant, or contact us to find out how ACA Signature can help transform your firm’s compliance program.