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Vedder Thinking | Articles Investment Services Regulatory Update

Newsletter/Bulletin

In this issue

Public Statements, Press Releases and Testimony

  • OCIE Issues Risk Alert on Critical Systems Following “WannaCry” Ransomware Attack
  • SEC Commissioner Piwowar: SEC Staff Working on Amendments to the “Loan Provision” Concerning Auditor Independence

Litigation and Enforcement Actions

  • SEC Settles Charges Against Barclays Capital for Overcharging Advisory Clients
  • FINRA Sanctions Cetera for Violations in Connection with Mutual Fund Sales
  • SEC Settles Charges Against Calvert for Improper Use of Fund Assets for Marketing, Distribution and Sub-Transfer Agency Services

Legislative Developments

  • House Passes the Financial CHOICE Act of 2017: Implications for Mutual Fund Excessive Fee Litigation
  • House Passes the Financial CHOICE Act of 2017: Implications for Exemptive Relief Process
  • House Passes the Financial CHOICE Act of 2017: Implications for Closed-End Fund Capital Raising and Registration Process

To read the Regulatory Update, click the link below.



Professionals



John S. Marten

Shareholder