Recent SEC Conflicts of Interest Enforcement Cases
The SEC’s focus on fund managers’ conflicts of interest is not new. The first wave of enforcement cases focused almost exclusively on private equity. While the interest in private...... More »
Are You Ready for SMCR?
Now that the “100 days” and “three months to go” milestones have passed, the time for complacency is over and it is imperative that U.K. investment management firms have...... More »
OCIE Issues Risk Alert Concerning Cross Trading Compliance Issues
On September 4, 2019, the Securities and Exchange Commission’s Office of Compliance Inspections and Examinations (OCIE) issued a Risk Alert relating to rules governing principal transactions and agency cross...... More »
SEC Issues New Guidance on Investment Adviser Proxy Voting
The Securities and Exchange Commission (SEC) and its staff (the Staff) recently issued guidance on a pair of proxy voting issues: investment advisers’ proxy voting responsibilities, as well as...... More »
New York’s SHIELD Act Raises the Bar for Data Security, Data Breach Notifications
The State of New York recently enacted the Stop Hacks and Improve Electronic Data Security Act – dubbed the SHIELD Act – to expand the State’s existing requirements for...... More »