Title

Investment Management Regulatory Update

Created date

11/26/2013

SEC Rules and Regulations

  • IM Guidance Update Clarifies Stance on Aggregating the Investments of Certain Investors Across Funds to Satisfy Qualified Client Standard
  • SEC Extends No-Action Relief Regarding Compliance with the Independent Accountant Requirements Under the Custody Rule
  • IM Guidance Update Addresses Status of Investment Advisers Providing Services “at Cost” or for No Compensation

Industry Update

  • SEC’s Division of Investment Management Answers Questions Concerning Form 13F
  • Clarifying Amendments to Rule Prohibiting Loans by Commodity Pools to CPOs Go Effective

Notes from Europe: European Regulatory Developments

  • Notification of Voting Rights in EU Issuers