Tag: SEC Marketing Rule
Ahead of the curve: Why private wealth managers should adopt Composites
Composites Insights Series The wealth management industry is on a rapid growth trajectory, with AUM projected to increase by as much as 50% between 2020 and 2025, according to the Business Research Company1. This means there is an incredible amount of opportunity in the space, but it also means that client demands and regulatory burdens […]
UK election and SEC Marketing Rule: key takeaways
Explore our RegTech Reports. Your trusted source for essential insights into regulatory technology and industry updates. This curated collection of reports, blogs, and video series covers a wide range of topics, from upcoming regulatory changes to the latest technological advancements, helping you navigate the complexities of compliance with confidence.
SEC Marketing Rule: Simplifying & automating composites and GIPS® reports
This series focuses on the key insights from our recent webinar, Composites Best Practices: Staying ahead of the composites compliance and regulatory curve. Our panel featured composites and Global Investment Performance Standards (GIPS®) industry experts, plus esteemed panelists from Guardian Performance Solutions LLC and Madison Investment Services.
SEC Marketing Rule: Best practices for simplifying and automating composites and GIPS® reports
Navigating the intricate landscape of investment management demands a delicate balance between regulatory compliance, operational efficiency and delivering accurate and meaningful data. As firms grapple with managing numerous composites, meeting tight deadlines, and adhering to evolving industry standards, the need for simplification and automation becomes increasingly evident. Here, we explore how firms can harness the […]
SEC Marketing Rule: Do you switch to model fees?
Under the GIPS® Standards, investment advisers can include non-fee-paying accounts in composites without having to apply a model fee, so long as the composite’s GIPS Report includes appropriate disclosure. However, the SEC now expects advisers to apply a model fee to these non-fee-paying accounts, to provide more accurate and transparent information to potential clients that’s more […]
SEC Marketing Rule: How does it affect composites?
The SEC Marketing Rule presents many opportunities for firms to streamline performance and composite reporting. However, firms face the challenges of managing many composites, tight deadlines to produce information, and manual or spreadsheet-driven processes across multiple facets and regions of the business. How can firms use composites when advertising related, hypothetical and representative account performance? […]
Top compliance concern: An SEC exam on the marketing rule — forewarned is fair play?
Elevated Fears and Stress abound for registered SEC Adviser firms as they evaluate their firm’s readiness for an inevitable SEC examination for compliance with the new Marketing Rule. The SEC’s Division of Examination (“EXAMS”) staff is currently examining SEC Registered Investment Adviser firms for compliance with the Marketing Rule with breakneck focus. Registered SEC Investment […]
Composites: The next competitive advantage
Client demands and regulatory mandates in the investment management industry show no signs of slowing down in the years ahead. Thriving in this shifting landscape means asset managers need to create meaningful composites which are essential in the fair presentation, consistency, and comparability of performance over time and among firms. To achieve this firms need […]
Confluence’s top 5 most popular insights of 2022
As we leave 2022 behind and 2023 begins, make sure you didn’t miss a thing last year with this recap of our top insights.
Navigating the SEC marketing rule: Keyways to compliance
The SEC’s new Marketing Rule that came into effect last year expanded the definition of advertising. It allows for marketing via new channels and enhances existing disclosure requirements. It will have significant compliance impacts on advertising and cash solicitations for investment advisers registered with the SEC. Replacing both the old advertising and solicitation rules, the […]
Are you ready to comply with the new SEC marketing rule?
Time is running out With the upcoming deadline of the 4th November, 2022, the new SEC Marketing Rule requires firms to create composites around similarly managed portfolios for performance reference, even if they are not GIPS® (Global Investment Performance Standards) Standards compliant. This means that firms must establish policies, procedures and controls, ensuring that all […]