Title

Investment Management Regulatory Update
Client Newsletter

Created date

12/20/2013

SEC Rules and Regulations

  • Regulators Adopt Final Regulations Implementing the Volcker Rule
  • SEC Releases Rule 506 “Bad Actor” Guidance
  • IM Guidance Update Cautions Against Use of Fund Names Suggesting Protection From Loss

Litigation

  • SEC Enters into First-Ever Deferred Prosecution Agreement with an Individual
  • SEC Charges Money Market Fund Manager with Deceiving the Fund’s Board and Failing to Comply with Risk-Limiting Rules
  • SEC Charges Two Investment Advisers for Engaging in Undisclosed Principal Transactions and Other Violations

Notes from Europe: European Regulatory Developments

  • UK: Consultation on New Rules Regarding Soft Dollars Commissions