Stay updated with breaking news from Ethics Rule. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
In a Risk Alert the staff of the Division of Examinations of the Securities and Exchange Commission SEC described notable deficiencies relating to investment advisers’ use of material non-public information MNPI stemming from Section 204A of Investment Advisers Act of 1940.
Division of Examinations of the SEC issued a Risk Alert highlighting notable deficiencies identified by EXAMS staff in its review of SEC-registered investment advisers relating to Section 204A Section 204A of the Investment Advisers Act of 1940 and Rule 204A-1 thereunder.
On April 26, 2022, the Division of Examinations (the “Division”) of the Securities and Exchange Commission issued a Risk Alert listing notable examples of deficiencies that its staff...
On April 26, 2022, the U.S. Securities and Exchange Commission’s (“SEC”) Division of Examinations (“EXAMS”) issued a risk alert concerning deficiencies related to Section 204A of the...
Section 204A requires investment advisers to establish, maintain and enforce written policies and procedures reasonably designed to prevent misuse of MNPI by advisers and their associated persons.