Jul. 5, 2024
Dear SEC, As fund administrators and their activities are generally not subject to regulation in the United States, I am reaching out to see how U.S. fund administrators can support their clients in complying with the proposed new rule requiring SEC registered investment advisors and exempt reporting advisers to establish, document and maintain written customer identification programs. I expect some RIA’s and ERA’s to inquire about this rule and whether my company can assist. Any guidance you can provide is extremely appreciated. Sincere regards, Jim Mead Head of Compliance & Investor Relations