The SEC regulatory landscape
The US regulatory landscape is currently changing, as generally happens when there is a change in political leadership. We saw some the implementation of some significant new rules in 2022 (e.g. around marketing practices) and this continues to be the case in 2023. The SEC has recently confirmed that it is focussed on reviewing a number of things, including: how registered investment advisers (“RIAs”) have implemented the new marketing rules, which became effective in Nov ’22; how RIAs discharge their fiduciary responsibility to their fund investors/clients; how RIAs manage risks and conflicts of interest; RIA’s compliance programs (i.e. compliance infrastructures); RIA’s compliance with custody rules; and fees and expenses (whether they are fair and how RIAs disclose them to investors/clients).
In addition, over the past couple of years we have seen the SEC become more proactive in its examinations of RIAs. It has publicly announced that it is focussed on reviewing new RIAs or those it has not previously examined. So, it is more important than ever that SEC registered firms remain on top of their obligations.
Ongoing SEC Support
The sectors we work with...
Wholesale Investment Firms
Our large team of wholesale industry experts work with clients including hedge fund managers, private markets firms, brokers and corporate finance firms.READ MORE
Our Capital Markets team use their experienced regulatory knowledge to help asset managers and broker dealers with a full service offering over a large spectrum of regulatory issues.READ MORE
Cosegic’s experienced Wealth Management team can help you interpret the regulations, using our in-depth knowledge to simplify complex regulations.READ MORE