Tag: SEC
Unveiling the cost of non-compliance: 16 firms hit with $81m in...
In a significant move underscoring the persistent focus on regulatory compliance within the financial sector, the Securities and Exchange Commission (SEC) has once again made headlines by imposing fines on another 16 firms.
SEC slaps $81m fine on firms for recordkeeping lapses
The U.S. SEC recently made headlines by settling charges with 16 prominent investment advisers and broker-dealers.
Navigating new SEC rules: A guide for private fund advisers
The U.S. Securities and Exchange Commission (SEC) introduced a significant regulatory update on August 24, 2023, impacting private fund advisers through the adoption of the Private Fund Adviser Rules. This regulatory shift comprises several key components aimed at enhancing transparency and safeguarding investor interests. Among these, the Adviser-led Secondaries Rule and the Annual Fund Audits Rule stand out for their direct impact on fund management practices, accompanied by the amendment to the compliance review documentation requirements.
Understanding SEC’s latest FAQ on performance obligations for private funds
On the 6th of February, 2024, the Securities and Exchange Commission’s (SEC) Division of Investment Management unveiled a new Frequently Asked Question (FAQ) aimed...
Navigating the risks: The urgent need for effective MNPI management
In recent years, the management of Material Non-Public Information (MNPI) has emerged as a significant concern within the compliance sphere. Regulatory bodies in the...
The 4 pillars of future financial crime compliance
In the ever-changing world of risk management, where the challenges are formidable and constantly evolving, the role of risk executives and their teams is...
The impact of SEC’s cybersecurity disclosure changes on public firms
The US SEC has made significant clarifications regarding its new cyber incident disclosure rules, which came into effect yesterday.
Sustainable success: Impact investing’s rising potential in 2023
Position Green's US team recently participated in PEI’s inaugural Impact Investor Summit North America. The conference provided a platform for deep discussions on the current state and future of impact investing in 2023, exploring the challenges and opportunities in financing, along with the changing disclosure and regulatory frameworks.
BIO-key International prices public offering at $3.75m
BIO-key International, an avant-garde in workforce and customer Identity and Access Management (IAM) solutions, recently announced the pricing details of its latest public offering.
Recordkeeping enforcement reaches brokers, advisors and credit rating agencies
The wave of recordkeeping enforcement actions in the finance sector has now expanded to brokers, investment advisers, and credit rating agencies. Leading this charge...
