ComplianceAlert

SEC Exams Program Highlights MNPI Concerns

A recent Risk Alert (the “Alert”) issued by the Division of Examinations (“EXAMS”) addressed Staff findings and several areas of concern that the SEC has regarding misuse of Material Non-Public Information (“MNPI”) by registered investment advisers. The Alert came shortly after the SEC’s 2022 Examination Priorities (“Priorities Letter”). While MNPI concerns were not explicitly mentioned…

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Repercussions from cases bolster SEC mandates (FundFire)

The SEC seems poised to expand its focus on private funds even before its new rule proposals are finalized. One way the SEC plans to push forward is by moving on regulatory issues arising from recent cases, namely its charges against Archegos Capital Management. FrontLine’s Founder and President Amy Lynch sees an SEC ready to…

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