William Birdthistle, head of the Securities and Change Fee’s Division of Funding Administration, mentioned on the company’s current Nationwide Compliance Seminar 4 “important” guidelines that the SEC has tackled in the previous couple of weeks — together with two that the company adopted.
Birdthistle additionally famous the current Nov. 4 compliance date for the SEC’s new Advertising and marketing Rule. He known as the brand new advertising and marketing rule one of many company’s extra “formidable” rulemakings, and acknowledged: “I might very a lot encourage a rigorous compliance with the rule.”
Regulation Finest Curiosity and the Advisers Act fiduciary responsibility additionally “stays a high precedence” for SEC exams in 2023, Richard Finest, head of the Division of Exams, stated on the seminar.
See the gallery for the 4 guidelines the company has tackled not too long ago.
