Topics

New Rules, Proposed Rules and Guidance

• Division of Investment Management Issues Guidance Regarding Gifts and Entertainment under Section 17(e)(1)
• SEC Proposes Rules for Disclosure of Hedging by Employees, Officers and Directors
• SEC Extends Temporary Rule Regarding Adviser Principal Trades

Other News

• SEC and FINRA Issue Results of Cybersecurity Examinations
• OCIE Releases 2015 Examination Priorities
• ICI and IDC Issue White Paper on Funds’ Use of Proxy Advisory Firms
• SEC Chair and FSOC Comment on Asset Management Regulation and Systemic Risk

Litigation and Enforcement Actions

• SEC Settles Charges Against Adviser for Failure to Maintain Fund Assets with Qualified Custodian and Other Compliance Violations
• SEC Settles with Investment Advisory Firm over Claims of False Performance Advertising

Derivatives Markets

• ISDA Recommends Measures to Enhance Derivatives Trade Reporting and Transparency
• SEC Adopts Rules Regarding Security-Based Swap Data Repositories
• Relief for Commercial End-Users and Financial Cooperatives from Margin Requirements for Non-Cleared Swaps
• CFTC Considering Clearing Mandate for Foreign Exchange Non-Deliverable Forwards

To read the Regulatory Update, click the link below.