Custody

The audits were completed pursuant to the International Standards on Auditing, not U.S. GAAS requirements; and the auditor was not registered with the PCAOB, resulting ...

The adviser purported to rely on the exception to the qualified custodian requirement but did not obtain an audit of each of the Funds and ...

The firm also did not properly describe the status of its fund’s financial statement audits when filing its Forms ADV and did not update certain ...

The adviser failed to maintain securities of certain private equity funds that it advised with a qualified custodian

He failed to take necessary steps to do so despite being on notice of the rule’s requirements and was aware of the ongoing failures in ...

If finalized, the safeguarding proposal would subject 5,000 additional advisers to custody requirements

Association cautions slew of adviser proposals will "significantly overhaul the current regulatory regime" under the Advisers Act

Several of the new comments noted the array of cyber-related proposals and urged coordination or consolidation

The SEC’s ambitious proposed revision of the custody rule attracted more than 150 comments, with many in the industry warning any final rule would be ...

OCC warned Commission about 'in-artful' language in notice