Investment Management Regulatory Update - March 2020
Client Newsletter

Created date


COVID-19 Update

  • SEC Issues Targeted Regulatory Relief for Advisers and Registered Funds Affected by the Coronavirus Outbreak
  • SEC Provides Temporary Additional Flexibility for Registered Funds Affected by the Coronavirus Outbreak to Address Liquidity Issues Through Affiliate Arrangements
  • CFTC and NFA Provide Temporary Regulatory Relief to Commodity Pool Operators and Commodity Trading Advisers in Response to the COVID-19 Outbreak

Rules and Regulations

  • SEC Amends Exemptions from Investment Adviser Registration for Advisers to Rural Business Investment Companies
  • SEC Seeks Public Comment on Fund Names

Industry Update

  • Commissioner Allison Herren Lee Delivers Remarks before the Investment Adviser Association Compliance Conference 2020
  • SEC Disapproves Proposed Rule Change to Permit Listing and Trading of Shares of United States Bitcoin and Treasury Investment Trust


  • SEC Settles with Investment Adviser for Engaging in Unauthorized Principal Trades
  • SEC Sues Investment Advisers for Alleged Failures to Disclose Financial Conflicts of Interest
  • SEC Obtains Judgment Against Former Chief Compliance Officer of Investment Adviser