Notice: This post was migrated from one of our legacy websites and might not display correctly.
The SEC is proposing a new rule 206(4)-4 under the Investment Advisers Act of 1940 that would require SEC-registered investment advisers to adopt and implement written business continuity and transition plans in order to legally operate under SEC jurisdiction.
The rule would also require advisers to review the plan at least once annually.
If adopted, the rule would have significant impact on investment advisers. In this ComplianceCast Minute, Ascendant’s Gena Dirani discusses the proposal, its key requirements and corresponding compliance concerns.
Subscribe to CSS Blog
CSS frequently publishes blog posts which are written by our team from their observations in the field, at conferences and through experiences with compliance professionals. These posts are designed to further knowledge and share industry best practices. Topics run the gamut, including Form ADV, cybersecurity, MiFID II, position limit monitoring, technology challenges and more. Complete and submit the brief form below to receive notifications when we publish new content.