Investment Management Regulatory Update - January 2018
Client Newsletter

Created date


Rules and Regulations

  • SEC Releases FAQs on Liquidity Risk Management Reforms
  • SEC Adopts Amendments to Advisers Act Rules to Reflect Changes Made by FAST Act
  • SEC Staff Permanently Extends No-Action Relief under Section 17(f) of the Investment Company Act to Chicago Mercantile Exchange, ICE Clear Credit LLC, LCH Limited and LCH.Clearnet LLC

Industry Update

  • SEC Issues Information Update on Applicability of Staff Accounting Bulletin No. 118 to Investment Companies Impacted by the Tax Cuts and Jobs Act
  • SEC Expresses Concerns Over Cryptocurrency-Related Funds
  • CFTC Releases Backgrounder on Oversight of and Approach to Virtual Currency Futures Markets


  • Texas Securities Commissioner Issues Cease and Desist Order Against Cryptocurrency Promoter
  • SEC Charges Investment Adviser, Its President and Its Former Chief Compliance Officer with Violations of the Advisers Act and Safeguards Rule