Henry Nelson Massey
Day Pitney LLP
Articles
Increased SEC focus on broker-dealer registration issues for private fund managers
USA - April 12 2013 The Securities and Exchange Commission (SEC) is cracking down on private fund managers for not using registered broker-dealers for fundraising. At…
R. Scott Beach, Julia M. Boyd, Samuel A. Jennings, Greg H. Kahn
CFTC external business conduct standards - temporary relief to foreign exchange transactions
USA - May 8 2013 A no-action letter issued on May 2 provides swap dealers and major swap participants with temporary relief from compliance with External Business…
SEC Risk Alert Shines Spotlight on Private Funds
USA - September 25 2020 On June 23, the U.S. Securities and Exchange Commission (SEC) Office of Compliance Inspections and Examinations (OCIE) issued a Risk Alert focused on…
Eliza Sporn Fromberg, Erik A. Bergman, Peter J. Bilfield, Lydia Joo Lee
SEC issues amendments to investment adviser Custody Rule
USA - January 29 2010 The Custody Rule (Rule 206(4)-2 of the Investment Advisers Act of 1940, as amended (the "Advisers Act")), and certain recording-keeping requirements imposed under the Advisers Act, apply to federally-registered investment advisers that have (or are deemed to have) access to client assets.
"Custody Rule" information delays lead to enforcement against investment adviser
USA - November 4 2014 Securities and Exchange Commission (SEC) enforcement actions have moved out of the realm of punishing wrongdoers for harm caused and into preemptive…
