Insights
U.S. Regulatory Update - Summer 2023
This edition includes updates to the SEC’s rulemaking calendar, recent money market fund reforms, FINRA's recent financial reports, and more.
- SEC
- Compliance
Myths About Cybersecurity Portfolio Oversight: Myth #4
In part 4 of our series we tackle the myth that cyber oversight is (only) about downside risk management.
- Cybersecurity Resources
- Cybersecurity
- Portfolio Company Risk Management
The Expanded ETF Ecosystem
Discover how the landscape of ETFs is evolving as funds are increasingly shifting away from daily holdings disclosures. Gain expert guidance on navigating this changing landscape and embracing the new wave of semi-transparent ETFs.
- Distribution
Private Fund Managers Should Reevaluate their Approach to Side Letter Management Amidst Increased Scrutiny
Regulators are increasingly focusing on side letter compliance during their examinations of private fund managers. This article provides practical solutions and strategies to effectively monitor and manage side letter obligations.
- Compliance
SEC Proposes Rule to Limit Conflicts of Interest in AI-Based Investor Engagement Tools
The SEC proposed two new rules to put guardrails around the use of predictive data analytics by broker-dealers and investment advisers. The goal is to limit the use of technology in ways that favor financial firms’ interests.
- Compliance
- Cybersecurity
- Privacy
ACA Group Enhances Surveillance Capabilities for Off-Channel Communications to Navigate Rising Regulatory Scrutiny
New partnership with LeapXpert will help financial firms surveil multiple messaging channels to meet client expectations while ensuring regulatory compliance.
- RegTech
- ACA News
Myths About Cybersecurity Portfolio Oversight: Myth #3
In part 3 of our series we tackle the myth that "investors don’t care and/or are satisfied with our current approach to cybersecurity."
- Cybersecurity Resources
- Cybersecurity
- Portfolio Company Risk Management
Court Decision Pushes Back Enforcement for the California Privacy Rights Act
The Sacramento County Superior Court has delayed the enforcement of the California Privacy Rights Act (CPRA) from July 1, 2023, to March 29, 2024, due to the delayed finalization of CPRA rules by the California Privacy Protection Agency (CPPA).
- Privacy
MiFID Research Bundling: Will the Expired Relief for U.S. Broker-Dealers be Reinstated?
MiFID II reformed research payment practices in Europe, but the expiration of relief from the SEC has prompted a bill in the U.S. House of Representatives to extend it for six months, aligning with potential changes in the regulations by the UK and EU.
- Compliance
- SEC
- Broker-Dealer
Industry Insights: Mansion House Speech Highlights Potential for the UK Markets
Will the UK Chancellor’s new packages of pension reforms boost the UK markets and open up new opportunities for investment into UK Growth Companies?
- Compliance
- FCA