This edition of our Regulatory Update kicks off with our take on the SEC's 2023 enforcement results, a break down of the implications of FinCEN's Corporate Transparency Act, and an in-depth analysis of the DOL's fiduciary rule proposal.

For advisers, we provide a current snapshot of state IAR CE requirements and share details of the SEC's recent updates to the ADV FAQ.

For CPOs/CTAs, we give a commentary on the CFTC's new blueprint for enforcement.

This edition, includes articles such as: 

• 2023 SEC Enforcement Results  
• The DOL’s Latest Attempt to Extend ERISA Fiduciary Obligations to 401K Rollovers
• FinCEN’s Latest Anti-Money Laundering Rule: Exemption for RIAs and Venture Capital Fund Managers
• Modernization of Beneficial Ownership Reporting 
• Update on NYDFS Cybersecurity Regulations 
• State IAR CE Requirements – A year end update 
• Division of Investment Management: Updates to Form ADV FAQ 
• The SEC Imposes Yet Another Reporting Obligation for Securities Lending 
• The SEC Requires Monthly Reporting of Short Sale Data by Institutional Investment Managers 
• CCO Liability Update 
• The CFTC’s Enforcement Advisory of Penalties, Monitors, Consultants, and Admissions
• The SEC Charges Adviser to Private Funds For Failure to Comply with the Custody Rule
• Exempt Reporting Advisers Still Subject to SEC Regulations on Short Selling