Topics

New Rules, Proposed Rules and Guidance

• SEC and CFTC Adopt Rules to Help Detect and Prevent Identity Theft
• Division of Investment Management Issues Guidance on Requirements for Filing Social Media Communications
• SEC Staff Provides Guidance on Health Care Tax and After-Tax Return Calculations

Other News

• OCIE Issues Risk Alert on Investment Adviser Custody Rule
• Director of the Division of Investment Management Identifies Division Regulatory Initiatives and Discusses Intent to Dialogue with Fund Directors
• SEC Staff Releases 2013 Examination Priorities
• Funds Face Emerging Cyber Risks

Litigation and Enforcement Actions

• SEC Settles Charges Against Trustees and Service Providers of “Turnkey” Investment Company
• Supreme Court Unanimously Limits the SEC’s Ability to Bring Civil Penalty Claims for Fraudulent Conduct Older Than Five Years

To read the Regulatory Update, click on the link below.