Katten's Financial Markets and Funds Quick
Take is a monthly newsletter highlighting key noteworthy
developments potentially affecting financial markets and funds.
To read more issues of Katten's Financial Markets and
Funds Quick Take, please click here.
SEC Risk Alert on the Advisers Act Marketing Rule
By Richard Marshall
On December 16, the Securities and Exchange Commission (SEC)
published a risk alert on the adviser marketing rule. This
is the first risk alert published by the SEC in over a year. It
"addresses observations regarding
advisers' satisfaction of disclosure requirements and
oversight and compliance practices under the Testimonials and
Endorsements Provisions, as well as advisers' due
diligence and disclosure requirements under the Third-Party Ratings
Provisions." Stay tuned for Katten's detailed summary
of this important risk alert, coming soon.
