United States:
Federal Register: SEC Proposes Rule Requiring Business Continuity And Transition Plans For Investment Advisers
14 July 2016
Cadwalader, Wickersham & Taft LLP
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The SEC proposed a new rule requiring SEC-registered investment
advisers to implement written business continuity and transition
plans. The proposed rule is designed to address operational
risks related to significant disruptions in the investment
advisers' operations. The proposal was published in the Federal
Register.
Comments on the proposal must be submitted by September 6,
2016.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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