News & Events – Compliance and Regulatory Alerts

FinCEN permanently ends CTA beneficial ownership reporting for U.S. entities while CDD obligations remain for covered financial institutions.

The OCC proposes an AML/CFT supervision framework for the stablecoin issuers it supervises under the GENIUS Act, enhancing BSA and sanctions compliance oversight.

The SEC Examinations Staff issued a Risk Alert on June 9, 2026 on investment adviser obligations related to economic conflicts of interest, covering undisclosed revenue arrangements, fee billing deviations, Form ADV gaps, and compliance program deficiencies.

Regulation S-P compliance deadline arrives as SEC examiners focus on cybersecurity controls, incident response, vendor oversight, and data protection.

FINRA Forward introduces new exam scheduling and early findings options to help broker-dealers improve compliance efficiency.

SEC and CFTC propose Form PF amendments to ease reporting burdens, raise thresholds, and streamline compliance for private fund advisers.

FINRA censures a large member firm with a $325,000 fine for failing to supervise electronic signatures, citing missed red flags and inadequate controls.

FinCEN delays the Investment Adviser AML Rule to 2028, while the SEC proposes updates to “small entity” definitions affecting future rulemaking.

The SEC’s Division of Examinations spotlights common Marketing Rule deficiencies tied to testimonials, endorsements, and third-party ratings. Here’s what advisers should review now.

The SEC Division of Examinations has released its 2026 Examination Priorities with a renewed focus on fiduciary standards, complex and illiquid products, cybersecurity and AI, AML and sanctions. Learn what these priorities mean for IAs, B-Ds, funds and other registrants.

The SEC has announced how its divisions are operating during the ongoing government shutdown. Examinations, registrations, and other non-emergency work have been deferred, while emergency response functions remain available.

FinCEN has delayed the effective date for the IA AML Rule to Jan 2028 and signals plans to revisit the rule through a new rulemaking process.

The SEC has finalized amendments to Regulation S-P, requiring RIAs and other financial institutions to adopt breach response programs and notify clients of data incidents within 30 days. Learn key dates and how to prepare.

The SEC has withdrawn multiple high-impact proposed rules affecting investment advisers, including those on custody, cybersecurity, ESG disclosures, and outsourcing. Learn what this means for your compliance program.

Starting in 2026, most SEC-registered investment advisers and exempt reporting advisers will be required by FinCEN to implement formal AML programs, file SARs, and comply with recordkeeping and information-sharing mandates under the BSA. Learn what your firm should do now to prepare.

Bates Group Managing Director and Senior Growth Officer Brandi Reynolds, CAMS-Audit, CCAS, is quoted in a recent Bloomberg Tax article on the future of the Corporate Transparency Act following a major shift in reporting requirements from FinCEN.