Insights
Urgent Update for Apple iOS
Apple has issued urgent updates for its iPhone, iPad, and iWatch devices. According to Apple, these updates patch a discovered “cross site scripting” vulnerability that allows bad actors to inject malicious code into web pages. The code could be enabled when users access these pages using browsers on Apple devices. This vulnerability may already have been exploited.
- Cybersecurity
New Marketing Rule - SEC Staff Confirms All or None Early Adoption Approach
The SEC issued an FAQ officially confirming what has been informally communicated by Division of Investment Management staff, which is that investment advisers may not implement the new Marketing Rule until they are prepared to comply with it in its entirety. Note that this includes both the rules around traditional advertisements and the new requirements for solicitation arrangements.
- SEC Marketing Rule
The New Marketing Rule’s Impact on the Presentation of Performance
The long-awaited modernization of the Marketing Rule was added to the Federal Register on March 5, 2021. Not only does the final marketing rule consolidate the advertising and cash solicitation rules, it also (among other things) categorizes certain considerations for presenting investment performance, effectively streamlining guidance currently found across multiple staff letters.
- SEC Marketing Rule
- Performance
- Compliance
Fake Regulatory Emails Received from "IFMR"
Multiple firms have reported receiving emails from an organization posing as the International Fund Manager Regulator (IFMR). There is no legitimate international global regulatory authority for fund managers. This email is a phishing attempt.
- Cybersecurity
- Phishing
We #ChooseToChallenge Inequality
Women’s History Month and International Women’s Day remind us to reflect on all the progress that has been made for women’s rights and the work we have left to do. We recognize that women's historical contributions to the world and the workplace have been restricted, overlooked, and excluded from history.
- ACA News
Russell Investments Selects ACA Group’s ComplianceAlpha to Modernize Their Risk and Compliance Program from a Single Platform
Russell Invesments has selected ACA's ComplianceAlpha® to help modernize and streamline their compliance program.
- ComplianceAlpha
- RegTech
- ACA News
SEC Turns Watchful Eye on ESG
A recent flurry of activity from the SEC has made it crystal clear that ESG will be a top priority in the near and long term.
- ESG
- Compliance
- SEC
FAQ: Implementing the Updated PRI Framework
Our ESG advisory team answered a few of the most common questions that firms asked during the recent webcast Implementing the Updated PRI Framework.
- ESG
FCA Confirms Dates for Cessation of Panel Submissions For All LIBOR Settings
With the FCA confirming dates for the cessation of panel submissions for LIBOR settings, the markets have received some much-needed clarity on fast-approaching deadlines around the transition away from LIBOR. We examine what firms must do next.
- Compliance
FINRA Announces Its 2021 Risk Monitoring and Examinations Report
FINRA recently released its Risk Monitoring and Examination Activities Report, which provides guidance on FINRA’s current examination priorities and describes its examination findings during 2020.
- Compliance