As we previously advised you, in February the SEC published for comment proposed rules that would require investment advisers, registered investment companies, and business development companies to have cybersecurity risk management programs.
For the tenth year in a row, the SEC office responsible for conducting inspections of registrants, the Division of Examinations, has published its examination priorities for the coming year.
The ICI and twenty-four other trade associations submitted a joint letter to SEC Chair Gensler yesterday expressing serious concern that the Commission is not affording sufficient time for meaningful public input into the rulemaking process.
The U.S. Securities and Exchange Commission has published for comment proposed rules that will require registered investment companies, investment advisers, and business development companies to "adopt and implement written policies and procedures that are reasonably designed to...
ICI has filed a comment letter with the Securities and Exchange Commission on proposed rule 10c-1 ("Proposal") under the Securities Exchange Act of 1934, which would require the reporting of securities loans to FINRA.
Last Friday, the SEC published a notice announcing that on December 8, the participants to the Consolidated Audit Trail (CAT) National Market System (NMS) Plan ("Participants") withdrew its proposed amendment to revise the CAT funding model.
We are pleased to announce that, on November 16, from 11-1 pm ET, ICI will hold a virtual joint meeting of the SEC Rules Committee and the Chief Information Security Officer (CISO) Committee. For the first hour of the meeting, we will be joined by Rob Cohen, a partner at Davis Polk...
Earlier this week, the SEC sanctioned eight firms in three actions for failures in their data security practices relating to cloud-based email accounts. While the respondents in these actions neither admitted nor denied the alleged violations, below are the findings from the SEC's...
ICI has filed a comment letter with the SEC on the proposed amendment to the Consolidated Audit Trail National Market System Plan ("CAT NMS Plan") to revise the CAT funding model. ICI recommends that the SEC disapprove the proposed amendment and encourage the SROs to work with...
