Investment Management Regulatory Update - November 2017
Client Newsletter

Created date


SEC Rules and Regulations

  • SEC Proposes Amendments to Investment Company Act and Advisers Act Rules to Require Hyperlinking of Certain Filings and Modernize Rules for Incorporation by Reference
  • SEC Denies No-Action Relief Under Section 17(d) and Rule 17d-1 of the Investment Company Act in Connection with Expense Allocation Between Funds
  • SEC Grants No-Action Relief Permitting Credit Risk Transfer Securities to Be Treated as "Real Estate-Type Interests" Under Section 3(c)(5)(C) of the Investment Company Act
  • SEC Issues No-Action Guidance Regarding MiFID II Research Provisions

Industry Update

  • SEC Enforcement Division Issues Report on Priorities and FY 2017 Results
  • Treasury Department Publishes Recommendations on Regulation of Asset Management Industry


  • SEC Charges Former Partner at Investment Adviser with Fraudulently Charging Personal Expenses to Fund Clients