Safeguarding Proposal Remains Unpopular in Investment Industry
The same criticisms of the proposal linger, but the SEC is continuing to push ahead.
Tag: custody
SEC Reopens Comment Period for RIA Investment Custody Rule
The regulator also announced a new proposal to increase transparency and disclosures for private fund managers such as private equity...
Fake Silver Coin Scheme Penalized by CFTC
The companies involved were penalized over $100 million and its main organizer was arrested on June 10.
IAA: SEC’s Pending Adviser Proposals Are Redundant, Inconsistent
A letter from the industry association outlines what it calls overlap and inconsistencies between them.
SEC Safeguarding Rule Would Expand Investment Oversight to Crypto, Artwork
A proposed rule whose comment period ends Monday would have advisers obtain written agreements that segregate client assets to protect...
Registered Advisers Often Confused by Custody Reporting
Form ADV includes a number of questions about the custody of client assets; these questions continue to be a source of widespread confusion and inconsistent interpretations in the...