CCO Advisory Issues Subcommittee Content

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."

Earlier this week the SEC charged investment adviser Toews Corporation (the "adviser") with violations of the Advisers Act and the proxy voting rule thereunder in connection with the adviser's proxy voting-related conduct.

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...

In July, the SEC proposed amendments to Rule 14a-8 (the shareholder proposal rule) by a 3-2 vote.

On August 26, 2022, the Public Company Accounting Oversight Board (PCAOB) announced that it had signed a Statement of Protocol with the China Securities Regulatory Commission and the Ministry of Finance of the People's Republic of China regarding the PCAOB's ability to completely...

On July 28, ICI filed a letter supplementing our April comment letter on the Securities and Exchange Commission's proposed cybersecurity risk management rules for funds and advisers (attached).

In June, the SEC issued a request for comment on index providers, model portfolio providers, and pricing services.

In June, the SEC issued a request for comment on index providers, model portfolio providers, and pricing services.

Yesterday, the SEC's Division of Enforcement announced the settlement of enforcement actions it brought against three firms: two dually-registered as a broker-dealer and investment adviser and one broker-dealer.

Last week, the SEC proposed amendments to Rule 14a-8 (the shareholder proposal rule) by a 3-2 vote.