As part of ACA, our in-house regulatory and performance experience is leveraged to help your firm understand the broader picture of compliance. We draw from our experience and regulatory insight to help your firm understand industry best practices and the range of compliance issues that your peers face today.

FINRA Leverages the GIPS Standards for Standardizing Private Placement Performance Marketing

FINRA's release of Regulatory Notice 20-21 allows the use of IRR for investments or funds that have been fully realized but further requires utilizing the calculation methodologies of the GIPS standards.

Latest insights

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SEC Fines Registered Investment Adviser for Misrepresentation of Investment Performance and Marketing Violations

On June 3, 2021, the U.S. Securities and Exchange Commission (SEC) instituted a cease-and-desist order against a previously registered investment adviser for alleged violations.

Compliance Alert
  • Performance
  • SEC Advertising Rule
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Annual GIPS Compliance Notification Form Deadline is June 30, 2021

​​​​​​​Organizations that claim compliance with the Global Investment Performance Standards (GIPS®) are required to notify CFA Institute of their claim of compliance by June 30, 2021.

Article
  • Performance
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Performance Record Portability

How is performance impacted when a firm is acquired, a portfolio management team leaves, or when the firm’s legal structure changes?

Report
  • Performance
  • M&A Diligence
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Mitigating Risks Associated with Composite Performance Reporting Using ACA’s Performance Analytics Services

In addition to developing marketing materials and ensuring appropriate disclosures, firms must ensure that the performance being generated truly reflects the fund or strategy being offered.

Article
  • Performance
  • SEC Advertising Rule
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Q1 2021 GIPS Compliance Mandate Update

The first in a series of quarterly updates, we provide a snapshot of institutional mandates and how those mandates ask about the calculation and presentation of performance. This information provides good insight into the demand for compliance with the GIPS standards and how that demand evolves over time.

Article
  • Performance
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GIPS Compliance & Verification FAQ

There are a number of important considerations that must be made before a firm can attain compliance with the GIPS standards. In the following, we describe a few of the most common questions that firms often ask as they consider taking on this initiative.

Article
  • Performance

Performance webcasts

The New Marketing Rule: A Focus on Performance

Join ACA and K&L Gates for a detailed explanation of the specific performance requirements, how they differ from prior no-action letters, and what steps a firm should take now in order to be ready by the deadline.

Webcast

FAQs: Amendments to the Marketing & Advertising Rule

Join ACA for a complimentary webcast in which we'll provide answers to the most frequently asked questions we've received in response to the new marketing rule and its implications.

Webcast