Commentary by Dorothy Mehta
The SEC and the CFTC proposed amendments to Form PF that would increase regulatory oversight of private fund advisers and the funds they advise. The proposed amendments would require advisers to (i) report more detailed data on investment strategies and exposures, and (ii) report separately on a newly defined sub-asset class for digital assets.
The North American Securities Administrators Association urged investors to be cautious of "finfluencer" marketing on social media.
The MSRB summarized responses to a Request for Information on ESG practices in the municipal securities market.
Multiple regulatory agencies published semiannual agendas that include rules the agencies are currently considering to propose or promulgate.
FINRA reminded broker-dealers of their obligations when transferring customer securities account assets from one broker-dealer to another using the Automated Customer Account Transfer Service.