Topics

New Rules, Proposed Rules and Guidance

• Division of Investment Management Issues Guidance Regarding Enhanced Mutual Fund Disclosure
• SEC Divisions Issue Guidance Regarding Proxy Voting
• SEC Reopens Comment Period on Proposed Target Date Retirement Fund Marketing Rules
• Division of Investment Management Issues Guidance Regarding Fund Deregistrations

Other News

• SEC Commissioner Confirms Cybersecurity as a Board-Level Concern
• CFTC Staff Announces Expedited No-Action Relief for CPO Delegation
• OCIE Issues Cybersecurity Risk Alert

Litigation and Enforcement Actions

• SEC Settles Charges Against Hedge Fund Adviser for Conducting Prohibited Transactions and Retaliating Against Whistleblower
• SEC Settles Charges Against Portfolio Manager for Improperly Benefiting Hedge Fund Client at Expense of U.S. Fund Investors
• SEC Charges Investment Advisory Firm and Its President for Fraudulently Hiding Account Shortfall
• SEC Charges Investment Adviser for Undisclosed Revenue Sharing Agreements
• SEC Settles Charges Against Investment Adviser for Improperly Calculating Advisory Fees and Overcharging Clients

To read the Regulatory Update, click the link below.