Investment Industry Guidance

Recent GIPS and Performance Reporting Developments

We will provide a GIPS update centered on current projects, available resources, recently issued Q&A’s, and the results of an industry survey on the calculation and presentation of net returns.View

SEC’s Proposed Safeguarding Rule – A Reconstitution of the Custody Rule as we know it

On February 15, 2023 the U.S. Securities and Exchange Commission (SEC) proposed new rules and amendments to the Investment Advisors Act of 1940 directed at the current Custody Rule and designed to address how investment advisors safeguard client assets. View

A Roundup of 2023 SEC Proposals for Investment Advisors

We will provide an overview of the SEC rules becoming effective in the near future, a more detailed look at the private fund rulings, and a review of the rule relating to outsourcing services.View

Industry Leaders Discuss Questions Regarding the SEC Marketing Rule

Various questions and recent changes surrounding the new SEC Marketing Rule are addressed.View

SEC Announces Proposed Safeguarding Rule

On February 15, 2023, the SEC announced the release of a proposed rule, the Safeguarding Rule, which would constitute a redesignation and enhancement of the current Custody Rule.View

What Drives Value in an Investment Firm?

Insight into the key levers that investment firms can use to drive value in their businesses.View

Update on Accounting for Equity Securities with Contractual Sale Restrictions

The Financial Accounting Standards Board recently issued Accounting Standards Update 2022-03, which amends Topic 820 (Fair Value Measurement) and helps clarify how entities should value and disclose investments in equity securities measured at fair value that are subject to a contractual sale restriction.View

The Top 3 Custody Rule Pitfalls We’ve Observed

Based on years of performing such surprise examinations, our team has identified three common Custody Rule pitfalls.View

Just When We Thought Carveouts Were Back

The SEC Marketing Rule will impose additional requirements surrounding carveouts and hypothetical performance that will be burdensome for advisors.View

Annual GIPS Compliance Notification Due Date is Approaching

Firms claiming GIPS compliance must submit their annual GIPS Compliance Notification Form by June 30.View