Topics

New Rules, Proposed Rules and Guidance

• Division of Investment Management Issues Guidance Regarding Risk Management for Fixed Income Funds
• SEC Adopts Rule and Form Amendments to Remove Credit Rating References
• Volcker Rule Adopted by Regulatory Agencies to Limit Certain Bank Activities
• Division of Investment Management Issues Guidance Regarding Fund Names That Suggest Protection from Loss
• Division of Investment Management Issues Guidance Regarding Electronic Delivery of Shareholder Notices of the Sources of Fund Distributions

Other News

• SEC Increases Focus on Cyber Security
• OCIE Issues Risk Alert on Investment Adviser Due Diligence Processes for Selecting Alternative Investments
• SEC Staff Releases 2014 Examination Priorities

Litigation and Enforcement Actions

• SEC Sanctions Investment Adviser and President/Chief Compliance Officer for False and Misleading Advertisements
• SEC Charges Investment Adviser with Violations of the Federal Securities Laws
• SEC Charges Money Market Fund Adviser and Portfolio Manager with Violations of the Federal Securities Laws

To read the Regulatory Update, click the link below.