SEC Actions

Here are seven FAQs from the SEC's Division of Investment Management to help you comply with the IA marketing rule

This proposal would greatly expand the AUM threshold for an investment adviser to qualify as a small entity for purposes of SEC rulemaking

The Commission decides to extend the compliance deadline for the de minimis exception from swap registrations from Nov. 8, 2026 to May 8, 2028

Rule 30–5(g)(8) will enable the IM director to authorize the issuance of orders under the Advisers Act to grant, deny, and revoke confidential treatment of ...

"The two-year delay will provide additional time for FinCEN to review the IA AML Rule and, as applicable, ensure the IA AML Rule is effectively ...

The Commission corrects errors on and amends Form N–CEN

These 8 FAQs were released in December 2025

"This statement addresses any broker-dealer that carries crypto asset securities for customers, including broker-dealers that conduct a traditional securities business"

The Division continues to focus on advisers’ compliance with the Marketing Rule. The staff is sharing these observations to continue to promote compliance with the ...

The email account takeovers resulted in unauthorized, malicious phishing and credential-harvesting emails to many of the adviser's customers, potentially exposing their PII to bad actors