SEC Regulatory Updates

Firms need to keep pace with the evolving regulatory landscape. 

In the U.S., the Securities and Exchange Commission (SEC) has signaled a clear shift in focus and prioritization. Recent commentary from SEC Chair Gary Gensler indicates that the agency will likely push forward with an aggressive rulemaking agenda.

"The SEC’s Enforcement Division is the cop on the beat for America’s securities laws…As these results show, we go after misconduct wherever we find it in the financial system, holding individuals and companies accountable, without fear or favor, across the $100-plus trillion capital markets we oversee." - Chair Gary Gensler, 2021 Division of Enforcement Annual Report

Recent Securities and Exchange Commission (SEC) news impacting financial services

curved glass building looking up at a blue sky

FinCEN and the SEC Propose Customer Identification Programs for Advisers

FinCEN and the SEC recently issued a proposal detailing requirements for customer identification programs for registered investment advisers and exempt reporting advisers.

Compliance Alert
  • AML and Financial Crime
  • SEC
Bank

The Fifth Circuit Court of Appeals Rules to Vacate the SEC's Private Fund Adviser Rules

Although the court ruled to vacated the SEC's Private Fund Adviser Rules, we do not see this as a moment to "put pencils down,” but rather to monitor closely and continue with compliance readiness under potential appeal outcomes.

Compliance Alert
  • Compliance
  • SEC
  • Private Fund
cyber lock

Regulation S-P Establishes Data Breach Notification and Planning Requirements

The SEC adopted amendments to Regulation S-P intended to provide investors with greater privacy protections and transparency into data breaches.

Cyber Alert
  • Cybersecurity
  • SEC
ACA Vantage

Changes to the SEC Robo-Adviser Exemption

The U.S. Securities and Exchange Commission (SEC) amended Advisers Act Rule 203A-2(e), resulting in a change to the exemption certain internet investment advisers (robo-advisers) rely on.

Compliance Alert
  • SEC
curved glass building looking up at a blue sky

SEC Examinations Division to Evaluate Firms’ Readiness for T+1

The SEC Examinations Division issued a risk alert reminding broker-dealers, clearing agencies, and investment advisers of their new obligations in connection with the transition to T+1 settlement of certain securities transactions.

Compliance Alert
  • Compliance
  • SEC
2024 ACA Conference

Highlights From the 2024 ACA Conference

As the curtains close on the 2024 ACA Conference, the echoes of transformative dialogue and insightful revelations resonate, shaping the trajectory of GRC in financial services.

News
  • Compliance
  • RegTech
  • Cybersecurity
  • ESG
  • Performance
  • Managed Services
  • SEC

Recent SEC webcasts by ACA

Keeping Pace with Mobile Communication Surveillance

Our surveillance, compliance, and technology experts will discuss the latest client communication trends in the financial industry and what solutions are available to monitor and archive those communications.

Webcast

Unpacking the SEC's Proposed Cyber Rules

Hear from ACA’s Carlo di Florio, Mike Pappacena, and Liam Jaris as they unpack the SEC’s proposed cyber rules and amendments and describe how they can affect private fund managers.

Webcast

Additional SEC resources by ACA

ACA's regulatory experts share their SEC insights, tools, and resources for compliance teams to use when building and improving their compliance programs.

Download our checklist here to use as a guide to plan your year.

We've put together a printable calendar with key regulatory filing deadlines for the SEC, CFTC, NFA, FCA, and ESMA in addition to national holidays at a glance to help you track your firm’s regulatory reporting obligations.

To help firms prepare for the new year, we’ve created a simple visual timeline of key regulatory milestones for you to download, keep, and reference throughout 2022. 

Learn of the potential changes to securities laws and regulations and the impact on private fund managers

ACA’s Vivek Pingili, Director, recently joined the National Venture Capital Association (NVCA) and Northgate Capital in a webcast providing considerations for building and implementing an effective compliance program for venture capital and other types of private markets fund managers.

Download our Q4 2021 Private Markets Quarterly Update.

Download our Q4 2021 Hedge Fund Quarterly Update.

Strengthen your compliance program with our global team of compliance professionals.

Maximize your firm’s time and efficiency with our technology-powered managed services.

1 of