February 10, 2022/US SEC The Securities and Exchange Commission today proposed two amendments to the rules governing its whistleblower program. The first proposed amendment concerns award claims for related actions that would be otherwise covered by an alternative whistleblower program. The second affirms the Commission’s authority to consider the dollar […]
Updates
SEC Proposes Cybersecurity Risk Management Rules and Amendments for Registered Investment Advisers and Funds
February 9, 2022/US SEC The Securities and Exchange Commission today voted to propose rules related to cybersecurity risk management for registered investment advisers, and registered investment companies and business development companies (funds), as well as amendments to certain rules that govern investment adviser and fund disclosures. “Cyber risk relates to […]
SEC Issues Proposal to Reduce Risks in Clearance and Settlement
February 9, 2022/US SEC The Securities and Exchange Commission today voted to propose rule changes to reduce risks in the clearance and settlement of securities, including by shortening the standard settlement cycle for most broker-dealer transactions in securities from two business days after the trade date (T+2) to one business […]
