Davis Polk Offers Update on SEC’s New Investment-Management Rules and Lawsuits

Rules and regulations

SEC proposes expanded cyber oversight after Gensler signals more on the way

The Securities and Exchange Commission (SEC) proposed new cybersecurity rules for investment advisers and investment companies that would require policies and procedures, annual reviews, reporting to the SEC, disclosures to investors, and recordkeeping.  The rules would subject investment advisers and investment companies to increased enforcement risk.  Please see Davis Polk’s client update for further information on the proposal.

SEC proposes new rules and amendments to enhance private fund investor protections

The SEC’s proposed new rules and amendments include new requirements related to quarterly statements, private … Read more