The SEC Division of Examinations issued a Risk Alert on December 16, 2025, providing the Division’s observations regarding advisers’ compliance with the Testimonials and Endorsements Provisions and Third-Party Ratings Provisions of the Marketing Rule. Specifically, the Division addresses observations regarding the satisfaction
Division of Examinations: SEC Fiscal Year 2026 Examination Priorities for Investment Advisers
On November 17, 2025, the Division of Examinations of the United States Securities & Exchange Commission (the “Division”) published the Fiscal Year 2026 Examination Priorities. In addition to investment advisers, the Division has examination responsibility for broker-dealers, investment companies, self-regulatory organizations, clearing agencies,
Summary of Regulation S-P Revisions Applicable to Investment Advisers
On May 15, 2024 the SEC issued Release Nos. 34-100155; IA-6604 (the “Adopting Release”) providing for amendments to the safeguards and disposal rules of Regulation S-P (the “Amendments”). The compliance dates for the Amendments are December 31, 2025 for “large” investment advisers
Division of Examinations: SEC Fiscal Year 2025 Examination Priorities for Investment Advisers
On October 21, 2024, the Division of Examinations of the United States Securities and Exchange Commission (the “Division”) published the Fiscal Year 2025 Examination Priorities. In addition to investment advisers, the Division has examination responsibility for broker-dealers, investment companies, self-regulatory organizations, clearing
Sign Up
Sign up here to receive DCS Insights and Alerts and stay on top of important compliance topics that may impact your business.