The Bank, Trust, & Retirement Advisory Committee (BTRAC) meeting schedule for 2023 has been finalized. Please mark your calendar for the following meeting dates.
In December 2020, the SEC adopted rule amendments that replaced the existing Investment Advisers Act advertising and cash solicitation rules for investment advisers and private funds with a single, combined "Marketing Rule." The new Marketing Rule does not apply to advertisements...
Earlier this week, the SEC announced its settlement of enforcement actions against 15 broker-dealers and one investment adviser for failing to comply with recordkeeping requirements to maintain and preserve certain "off-channel communications."
On September 20, 2022, the SEC settled an enforcement action against a dually-registered broker-dealer and investment adviser for violating Regulation S-P by failing to ensure the proper disposal of customers' non-public personal information (NPPI) when it decommissioned various...
The next meeting of the Investment Company Institute's (ICI) BTRAC will be held on Monday, November 7 from 1:00 p.m. to 5:00 p.m. CT and on Tuesday, November 8 from 9:00 a.m. to 1:00 p.m. CT in conjunction with ICI's Technology Summit.
The 2022 primary layout has been designed to "track" IRS Form 1099-DIV. The 2022 secondary layout provides a format for RICs to use in reporting various additional tax-related items.
