Title

Investment Management Regulatory Update - October 2020
Client Newsletter

Created date

10/30/2020

Rules and Regulations

  • SEC Adopts Updated Regulatory Framework for Fund of Funds Arrangements

  • SEC Adopts Modernized Regulatory Framework for Derivatives Use by Registered Funds and Business Development Companies

  • SEC Proposes to Exempt Certain “Finders” from Broker-Dealer Registration Requirements

Industry Update

  • Dalia Blass Keynote Address at the Investment Company Institute 2020 Virtual Securities Law Developments Conference: Regulating with Our Eyes on the Future

  • Joint Statement on New FAQs for Form CRS

Litigation

  • SEC Settles with a State-Charted Trust Company for Failing to Register Trust Funds Under the Investment Company Act and the Securities Act

  • Blockchain Lending Company Settles SEC Charges Arising from Unregistered ICO

  • SEC Settles with Private Equity Fund Manager Regarding Alleged Fee Overcharges