COVID-19 Update

• SEC Issues Targeted Regulatory Relief for Advisers and Registered Funds Affected by the Coronavirus Outbreak
• 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

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

Litigation

• 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