The U.S. Securities and Exchange Commission (SEC) informs and protects investors and enforces federal securities laws. Our content is designed to help you understand and comply with SEC regulatory requirements.
IM Director's Recent Remarks on Standards of Conduct & Liquidity Risk Management
Given that the SEC recently submitted for public comment proposed rules for standards of conduct for investment professionals, Director Blass’ comments give a concise roadmap of the proposed rules.
SEC Decides It's Time to Help Investors Understand the Difference between Brokers and Advisers
The SEC has finally proposed a rule that will help clarify the distinction between brokers that refer to themselves as "financial advisors" and investment advisers.
8 Things You Need to Know About the Liquidity Rule
Learn more about the rule most people simply refer to as the “liquidity rule”, but its technical name is Rule 22e-4: Investment Company Liquidity Risk Management Programs.
Liquidity Is Out, ETFs Are In
The SEC’s stance on its not-yet-effective liquidity rule appears fluid, as commissioners push to abandon part of the rule and certain division heads move on to other topics.