Investment Management Regulatory Update - January 2017
Client Newsletter

Created date


SEC Rules and Regulations

  • SEC Staff Grants No-Action Relief under Section 17(e) of the Investment Company Act to Russell Investment Management, LLC to Utilize Affiliate Broker-Dealer to Effect Foreign Currency Transactions and Receive Remuneration

Industry Update

  • IM Guidance Update Addresses Disclosure of Mutual Fund Fee Structures
  • SEC Announces Intent to Examine Supervision Practices of Registered Investment Advisers over Advisory Personnel in Branch Offices
  • SEC’s National Examination Program Releases Examination Priorities for 2017


  • New York Pension Official and Brokers Charged with Pay-to-Play Scheme
  • SEC Charges Platinum Funds, Founder and Associates with Defrauding Investors