National Seminar Agenda

Sept. 20, 2024

U.S. Securities and Exchange Commission
Compliance Outreach Program*
(For Investment Adviser and Investment Company Senior Officers)

November 7, 2024

Virtual Attendance Only | Eastern Standard Time

(Link to the live webcast will be made available the morning of the event on SEC.gov)

National Seminar Chairpersons

Marshall Gandy, National Associate Director, SEC, Division of Examinations
Vanessa Horton, National Associate Director, SEC, Division of Examinations 

8:30 am
to
8:40 am

Welcoming Remarks

8:45 am
to
9:30 am

SEC Directors Panel

  • Examination priorities and initiatives
  • Regulatory agenda
  • Enforcement actions

9:40 am
to
10:45 am

Panel I: Information Security & Operational Resiliency

  • Policies and procedures
  • Oversight of third-party vendors
  • Cybersecurity: assessment of cyber risks for essential business operations
  • Protection of investor'’'s information and assets, including Regulation S-P
  • Off-channel communication

Submit questions for the panelists

10:55 am
to
12:00 pm

Panel II:  Registered Investment Company Topics

  • Disclosure trends and accuracy of filings
  • Board oversight observations
  • Rulemaking impact: derivatives risk management, valuation, and names rules
  • Tailored shareholder reports for mutual funds and exchange traded funds

Submit questions for the panelists

12:00 pm
to
12:30 pm

Lunch Break

12:30 pm
to
1:35 pm

Panel III: Private Fund Adviser Topics

  • Filing accuracies and Form PF amendments
  • Marketing rule: private fund-related topics
  • Valuation: private credit investments and real estate assets
  • Fee and expense issues/conflicts

Submit questions for the panelists

1:45 pm
to
2:50 pm

Panel IV:  Marketing Rule

  • General prohibitions and compliance policies and procedures
  • Impact on solicitor rule, testimonials, and endorsements
  • Performance advertisements (including hypothetical)
  • Enforcement’s perspective on the new marketing rule

Submit questions for the panelists

3:00 pm
to
4:05 pm

Panel V:  Registered Investment Advisers

  • Fiduciary duty: investment advice, processes for best interest determinations, economic incentives, disclosures
  • Compliance programs, including annual review and Form ADV observations
  • Compensation arrangement assessments

Submit questions for the panelists

4:15 pm
to
5:20 pm

Panel VI: Hot Topics Lightning Round

  • Crypto assets
  • T+1
  • Artificial Intelligence
  • Internet adviser exemption for SEC registration
  • IA growth through mergers/acquisitions
  • Pre-IPO offering
  • FinCEN adviser AML rule

Submit questions for the panelists
5:25 pm
to
5:30 pm

Closing Remarks

* Sponsored by the SEC’s Divisions of Examinations, Investment Management, and Enforcement.

Last Reviewed or Updated: Sept. 20, 2024