Investment Management Regulatory Update
Client Newsletter

Created date


SEC Rules and Regulations 

  • SEC Issues Guidance on New Iran Disclosure Requirements
  • SEC Extends No-Action Relief to Broker-Dealers Who Rely on Registered Investment Advisers to Perform Customer Identification Program Obligations

Industry Update

  • European Commission Adopts AIFMD Level 2 Regulations
  • FinCEN Extends FBAR Filing Deadline for Certain Employees and Officers
  • SEC Official Discusses Enforcement Priorities in the Private Fund Space
  • SEC Expected to Move Forward with Uniform Fiduciary Standard


  • First Circuit Considers Current and Prospective Business Relationships When Evaluating Independence of Fund Directors in Shareholder Derivative Cases