Data Managemernt

EDGAR Not Compliant with Statutory Requirements, SEC Reports

The SEC’s Electronic Data Gathering, Analysis and Retrieval system, better known by its acronym of EDGAR, is not in compliance with requirements from a 2018 law, the agency itself reported in a congressionally-mandated report this month. The SEC does say that it plans to fix the site, however.

How Much is Enough? Peirce Questions SEC Data Collection and Use

As the SEC increasingly hones its ability to gather data and finds new ways to analyze it, Commissioner Hester Peirce, in a recent speech, waved a yellow caution flag. She challenged not only the amount of data the agency collects, but what the SEC’s attorneys and economists do with it.

SEC Data Show Continued Growth of Private Funds

Private funds, whether hedge funds, private equity funds or most other types, continued to grow at a steady rate through the second quarter of 2017.

Clayton Rejects Request to Extend CAT Deadline

SEC chairman Jay Clayton on November 14 issued a nuanced statement?rejecting a request from the national securities exchanges and FINRA to delay the initial deadline of the Comprehensive Audit Trail - better known as the CAT - by a year, and other deadlines by a year or more. His decision leaves at least the short-term implementation of the much-discussed high-tech tool up in the air.

After the Cyber Breach: SEC Faces Questions, Clayton Testifies, Effect on the CAT

The asset management industry, including the SEC, is weighing the impact of the cybersecurity breach that agency chair Jay Clayton recently disclosed to the public (ACA Insight, 9/25/17). In the wake of the disclosure, the SEC announced a new initiative, Clayton testified before a Senate committee, and industry leaders and observers speculated as what it all might mean for future regulation and oversight, including the launching of the agencys Comprehensive Audit Trail (CAT).

SEC Enforcement Today and Tomorrow: Big Data, Machine Learning and Artificial Intelligence

SEC enforcement already relies on technology. That reliance will only grow in future years, with the agencys use of data analysis increasingly married to machine learning and artificial intelligence. Advisers should be aware that actions they take will often turn up in data, and that the SEC can be counted on to use that data in ever-more sophisticated ways.

Audio Interviews

How to Read an SEC Enforcement Action

Stern Tannenbaum law firm partner Aegis Frumento on how to get the most from reading an SEC administrative order or court complaint.

Most Important Supreme Court Decisions for Advisers and Funds

Find out the high court decisions from recent years that are likely to affect how advisers and investment companies work from Debevoise partner Robert Kaplan. 

Top 10 Cybersecurity Steps to Take Now

Sutherland law firm partner Brian Rubin shares the most urgent cybersecurity steps for investment advisers.

Top Marketing Problems … and Solutions

Get solutions for the top marketing challenges that advisers face from ACA Compliance Group managing director Kimberly Daly

Watch Out for 5 Cybersecurity Myths

ACA Aponix Director Pascal Busnel on the most common cybersecurity myths that may cause firms to spend resources where they may not be needed.

The Hidden Costs of Non-Compliance

Proskauer law firm partner and former SEC Division of Investment Management deputy director Robert Plaze on why the costs of non-compliance go way beyond an SEC penalty.

CCO Liability: How to Protect Yourself

Find out from Blue Edge Capital CCO Margaret Fretz what chief compliance officers may be liable for and best practices to make sure you are protected.

Ethics or Compliance: Making the Choice

Find out the difference an ethics, rather than a compliance, perspective makes at an advisory firm from former Ethics and Compliance Officer Association COO Timothy Mazur.