Insights
Active Risk Alert: Traders Targeted via WinRAR Vulnerability
A zero-day vulnerability has been identified in versions of compression tool WinRAR predating August 2, 2023
- Cybersecurity
The SEC Adopts Private Fund Adviser Rules – What Firms Should Know
The SEC’s recent vote to adopt the Private Fund Adviser Rule (IA-5955) presents some of the most significant private funds regulatory reform since the Dodd Frank Act. Read our summary of the Final Rules and our guidance for firms.
- Compliance
- SEC
- Private Fund
Enhancing Valuations and Investor Trust with Cybersecurity Portfolio Oversight
Programmatic cybersecurity portfolio oversight will meet increased investor expectations and safeguard and grow the valuation of investments.
- Cybersecurity
- Cybersecurity Resources
White Paper: Unveiling Industry Perspectives on the SEC’s Proposed Cyber Rule 206(4)-9
The public has weighed in on the SEC's proposed Rule 206(4)-9, which sets cybersecurity risk management expectations for investment firms. In this guide, we discuss the industry's reaction, exploring the main areas of concern for the Rule.
- Cybersecurity
- Compliance
- SEC
Maintaining Quality Investment Performance Measurement and Reporting Amid Increased Pressure
The investment industry is undergoing transformation due to technology, changing preferences, and regulations, while firms struggle with recruitment, compliance, and costs. Firms need efficient processes and technology adoption to reduce the burden on in-house resources.
- Managed Services
- Performance
White Paper: Building and Distributing an Exchange-Traded Fund from Start to Finish
In this guide, we walk you through everything you need to know to start launching an exchange-traded fund (ETF), including the differences between ETFs and other product offerings, startup costs, necessary service providers, and how to gain assets via distribution.
- Distribution
Active Risk Alert: Firms Receiving Phishing Attempts from Compromised Internal Emails
On August 11th, ACA confirmed three financial services firms are experiencing phishing attacks using identical phishing emails and tactics. Firms should be on heightened alert.
- Cybersecurity
Regulatory Enforcement of Off-Channel Communications
The U.S. SEC has charged 11 financial firms for failing to maintain electronic communications, imposing penalties of over $289 million. This is part of a broader crackdown, with previous cases involving similar charges and penalties exceeding $1.5 billion, raising industry concerns about proper recordkeeping.
- SEC
- Compliance
- RegTech
FCA Publishes Market Watch 74
The UK FCA's Market Watch 74 focuses on transaction reporting issues, highlighting improvements but persistent data quality problems. It covers MDP usage, E&O submissions, validation rules, decision maker identification, and more.
- FCA
- Compliance
General Solicitation Under Regulation D – Recent Trends and Enforcement Activity
There has been a rise in 506(c) general solicitation offerings due to factors such as shifts in SEC's attitude and increased enforcement of 506(b) rules.
- SEC
- Compliance