by admin | Dec 30, 2024 | Compliance, FinCEN
Dear Client, As of December 26, 2024, the United States Court of Appeals for the Fifth Circuit (the “Court”) has reinstated a nationwide preliminary injunction preventing the federal government from enforcing the beneficial ownership reporting requirements imposed by...
by admin | Jan 17, 2024 | Compliance, FinCEN
The United States Corporate Transparency Act (the “CTA”) was passed by the United States Congress in early 2023 to improve financial transparency and increase the effectiveness of anti-money laundering efforts. However, the CTA will also impose several obligations on...
by admin | Oct 14, 2016 | Investment Funds
By Terrence Griffiths Reporting and disclosure requirements for managers of “alternative investment vehicles” (“AIV”) in California just became more complex with Governor Jerry Brown’s signing of a new amendment to California law, specifically aimed at transparency...
by admin | Oct 5, 2016 | Investment Advisers
By Greg Caramenico and Lauren Mack On August 18th, the Securities and Exchange Commission (“SEC”) approved a Financial Industry Regulatory Authority Inc. (“FINRA”) rule that establishes less burdensome regulations for “Capital Acquisition Brokers” (“CABs”), which are...
by admin | Nov 16, 2015 | Investment Advisers
By William Kelly Acknowledging the rapid evolution of information technology and correspondent threats, on August 20, 2015 the National Futures Association (“NFA”) issued an Interpretive Notice addressing cybersecurity concerns. The Interpretive Notice established...
