INVESTMENT ADVISERS
Investment advisers must conduct annual compliance reviews and update fund documents periodically. Key obligations include compliance with the Marketing Rule, updates to Form ADV due by March 31, 2025, and monitoring regulatory assets for exempt reporting advisers. They must deliver audited financial statements to clients within specified deadlines.
PRIVACY COMPLIANCE
Advisers are required to distribute annual privacy policies and comply with regulations like the CCPA, Cayman DPA, and GDPR.
FILING OBLIGATIONS
Investment advisers must adhere to various filing requirements, including Forms 13F, NP-X, and others related to publicly listed securities.
COMMODITY TRADING ADVISORS
CPOs and CTAs must file Form PQR and deliver audited financials by specific deadlines, with annual certifications and compliance with NFA rules.
FINANCIAL AND TAX RELATED REPORTING
Advisers must comply with FATCA, CRS, and FBAR reporting requirements, with specific deadlines for documentation and filings.
SEC HOT TOPICS
The SEC emphasizes data protection, AI compliance, ESG regulations, and monitoring communication practices.
GENERAL REMINDERS
Advisers must stay compliant with the Corporate Transparency Act, collect bad actor questionnaires, and meet annual amendment requirements for Form D, among other obligations.