Insights
Tip for Updating Your Compliance Program: Shareholder Reporting Requirements and Amendments to Advertising Rules
The SEC's new rule amendments for mutual funds and ETFs aim to provide concise shareholder reports and require physical delivery instead of online posting. The amendments also introduce new advertising requirements for fee and expense figures.
- Compliance
- SEC
- Mutual Fund
ACA Group Appoints Patrick Olson as Chief Executive Officer
17-year BlackRock veteran with blend of industry expertise, client relationships and global operating experience, will help drive growth and innovation.
- ACA News
SEC Staff Bulletin – Standards of Conduct for Broker-Dealers and Investment Advisers Care Obligations
The SEC issued guidance on the Care Obligation of Reg BI, emphasizing understanding risks, obtaining investor information, considering alternatives, and exercising caution with complex products.
- SEC
- Compliance
Tip for Updating Your Compliance Program: Enhanced Proxy Voting Requirements
New SEC rules require standardized categorization, machine-readable filing, and sharing of mutual fund proxy votes and shares, with say-on-pay votes reported on Form N-PX by institutional investment managers worth $100 million or more only if they vote.
- Compliance
- SEC
U.S. Regulatory Update – May 2023 Edition
This update includes insights on the third SEC Bulletin on Reg BI and Fiduciary Standard of Care, Ransomware Reminders, New N-PX Reporting, and the looming FTC Safeguards Rule.
- Compliance
- SEC
Meeting the Evolving ESG Demands of Institutional Investors
Despite market challenges, sustainable investing remains a strong growth driver for ACA clients. Although institutional asset owners show increasing interest in this area, it can be challenging to find compelling investment offerings.
- ESG
Should Broker-Dealers That Accept Hard Dollars for Research from EU Money Managers Register as Investment Advisers?
With the SEC's no-action letter temporary relief coming to an end, broker-dealers who accept hard dollar payments for research from EU/UK asset managers must carefully evaluate their registration options to comply with the Investment Advisers Act of 1940.
- Compliance
- SEC
- Broker-Dealer
Tip for Updating Your Compliance Program: SEC Exam Observations Risk Alert
The SEC is focusing on private funds and issued a risk alert in January 2022 outlining common deficiencies observed during private fund exams. Private fund managers should review their compliance programs to avoid these deficiencies.
- Compliance
Managing the Risk of Large Language Models Like ChatGPT
Discover ways to leverage the power of LLMs like ChatGPT while protecting your organization from risks like privacy breaches, IP concerns, and quality control issues.
- Cybersecurity
- Compliance
Celebrating Asian Pacific American Heritage Month at ACA Group
ACA is committed to nurturing an inclusive workplace. We share some of exciting ways the company celebrates Asian Pacific American Heritage Month (APAHM).
- ACA News