In this issue, we cover regulatory developments impacting the investment management sector, including updates on closed-end fund activism and various new and revised SEC rules.
On Feb. 7, 2023, the Securities and Exchange Commission (“SEC”)’s Division of Examinations (“Division”) announced its 2023 examination priorities (“Exam Priorities”).
SEC announced its 2023 examination priorities. The announcement focuses on 6 categories including new investment adviser and investment company rules, RIAs to private funds, retail investors and working families, ESG, Information Security, emerging technology and crypto assets.
Securities and Exchange Commission SEC Division of Examinations announced 2023 examination priorities. The timing of announcement over month earlier than Division’s examination priority announcements in prior two years suggests return to normal following pandemic examinations.