Topics

New Rules, Proposed Rules and Guidance

• Division of Investment Management Issues Guidance Regarding Mixed and Shared Funding Orders
• Division of Investment Management Issues Guidance on the Presentation of Consolidated Financial Statements
• SEC Proposes Extending Temporary Rule Regarding Adviser Principal Trades
• SEC Includes Valuation Guidance in Money Market Fund Rule Release

Litigation and Enforcement Actions

• SEC Charges Investment Advisory Firm and Top Officials with Custody Rule Violations
• SEC Settles Charges Against Barclays Capital for Compliance Failures After Acquisition of Lehman's Advisory Business
• SEC Settles Charges Against Investment Advisory Firm for Undisclosed Principal Transactions and Misleading Performance Advertisements
• SEC Settles Multiple Enforcement Actions for Failure to Timely File Reports of Beneficial Ownership
• SEC Charges Investment Advisory Firm with Failure to Disclose Conflict of Interest to Clients
• District Court Grants Summary Judgment and Dismisses Case Regarding Insider Trading Prohibitions and Mutual Fund Redemptions

To read the Regulatory Update, click the link below.