The Securities and Exchange Commission today announced penalties against 13 investment advisory firms for violating securities laws by spreading false claims about F-Squared Investment's AlphaSector strategy. According to the SEC: The firms repeated many of [...]
The SEC today adopted amendments to Form ADV. Under the revised rule, advisers will be required to provide: More detailed information about separately-managed accounts, including types of assets held, use of derivatives and borrowings Assets [...]
Yesterday, the SEC proposed a new rule that would require registered investment advisers to adopt and implement written business continuity and transition plans. At the same time, the SEC issued guidance on business continuity planning [...]