All the latest
compliance news,
articles and events
Proposed amendments to Form PF
On Wednesday, the SEC released proposed amendments to the Form PF.
January 28, 2022
Form PF 2022 - Deadline fast approaching
Waystone is once again pleased to offer our services to SEC registered investment advisers subject to the annual, part 1…
January 21, 2022
Consolidated audit proposed funding model
The comment period on a revised funding model (“Proposed Funding Model”) for the consolidated audit trail (“CAT”) recently closed. The…
November 30, 2021
SEC Division of Examination’s review of ESG investing
The SEC recently issued a Risk Alert that highlights observations from recent exams of investment advisers, registered investment companies, and…
November 30, 2021
The SEC recently approved its market data infrastructure proposal
The SEC recently approved its market data infrastructure proposal. Earlier this year, the SEC introduced its proposal to modernize the…
November 30, 2021
SEC Commissioner Hester Peirce's call for clearer guidance on digital assets and custody
SEC Commissioner Hester Peirce, speaking at the British Blockchain Association Conference, recently advocated for the SEC to provide more clarity…
November 30, 2021
U.S. House FSC releases memo regarding "Meme Stocks"
Last week the U.S. House Financial Services Committee considered reform recommendations from industry experts’ testimonies regarding the trading volatility in…
November 30, 2021
SEC Adopts Rules to Modernize Key Market Infrastructure
The SEC recently approved its market data infrastructure proposal. Earlier this year, the SEC introduced its proposal to modernize the…
November 30, 2021
OCIE Risk Alert - Large Trader Obligations
The SEC’s Office of Compliance Inspections and Examinations (“OCIE”) recently issued a Risk Alert concerning SEC-registered investment advisers (“investment advisers”)…
November 30, 2021
30-Day Extension for Filing Annual Reports for Certain Broker-Dealers
On February 12, the SEC extended the deadline for certain smaller broker-dealers to file their annual reports by 30 calendar…
November 30, 2021
FINRA Proposes Changes to its Private Placement Filing Requirements to Include Retail Communications
FINRA recently submitted a proposal to amend FINRA Rule 5122 ("Private Placements of Securities Issued by Members") and FINRA Rule…
November 30, 2021
SEC Issues Statement and Requests Comment Regarding the Custody of Digital Asset Securities
The SEC recently issued a statement and request for comment regarding the custody of digital asset securities by broker-dealers in…
November 30, 2021
The State of New York Approves Mandatory Registration Requirements for IA Representatives
Commencing February 1, 2021, New York state is mandating enhanced examination and registration requirements for natural persons representing investment advisors.…
November 30, 2021
CFTC Staff Provides Limited Continuation of Certain No-Action Relief
The Market Participants Division (MPD) and the Division of Market Oversight (DMO) of the CFTC recently announced extensions to temporary…
November 30, 2021
NFA Notice to Members I-21-02
In NFA Notice to Members I-21-02, the NFA reminds its Members who claim an exemption from CPO registration must annually…
November 30, 2021
FinCEN Extends Comment Period for Certain Convertible Virtual Currency & Digital Asset Transactions
The Financial Crimes Enforcement Network (FinCEN) recently announced it is reopening the comment period for its recent proposed rulemaking regarding…
November 30, 2021
SEC Requests Comment Regarding the Custody of Digital Asset Securities by Special Purpose BDs
The SEC recently issued a statement and request for comment regarding the custody of digital asset securities by broker-dealers in…
November 30, 2021
The NFA Released Two Rule Submission Letters Regarding Branch Offices and Filing Fines
On Monday, August 23rd, the National Futures Association (“NFA”) released two rule submission letters regarding Branch Offices and Filing Fines.…
November 30, 2021