More Public Disclosures for Investment Advisers: New SEC Rules and Form ADV Update
Patrick Sweeney, with Shearman & Sterling’s Investment Funds Group, participated in a webinar hosted by MyComplianceOffice. The webinar discussed how the new SEC requirements (which take effect on October 1, 2017) would significantly expand public disclosures by registered investment advisers for their SMA businesses. It also examined the so-called "umbrella registrations" of related advisers and advised on the key changes made to Form ADV. There is time to act, but many to-do's follow from the new rules. The webinar covered practical tips for the coming compliance challenges.