SEC Outsourcing Rule Proposal and Its Impact to Investment Advisers
On October 26, 2022, the SEC released a series of amendments and a new rule under the Investment Advisers Act of 1940, which will prohibit registered investment advisers from outsourcing certain services and functions from service providers without conducting due diligence and monitoring.
In this eBook, we will summarize the proposal of this rule and share relevant tips.
Download the eBook to learn:
- Why the SEC is proposing this rule
- What the SEC will require under the proposed rule
- Types of due diligence and monitoring required
- What your organization can do to prepare