Will OCIE use a firm’s “reliance on the temporary relief” as an excuse to examine an adviser?
If certain rules are followed, the loan turns into a grant
Originally, the SEC slated Form CRS filings to begin in May
Examiners “may review records of the dates that each relationship summary was provided to retail investors to validate whether the firm has complied with the ...
Most of the largest advisers made no mention of the coronavirus or the pandemic
As directed by Congress, we are adopting rules that will allow affected funds to use the securities offering rules that are already available to operating ...
These new FAQs were published by the SEC in April 2020
Grenville Gooder failed to remain informed about compliance requirements and designated figurehead CCOs who would not undertake any actual compliance responsibilities
The FAQ slaps five conditions on the use of this regulatory relief
Clayton mentioned upcoming OCIE risk alerts related to examining for these new regulatory responsibilities