SEC Proposes New Oversight Requirements for Certain Services Outsourced by Investment Advisers
- Written by Newsfile
Washington, D.C.--(Newsfile Corp. - October 26, 2022) - The Securities and Exchange Commission today proposed a new rule and rule amendments under the Investment Advisers Act of 1940 to prohibit registered investment advisers from outsourcing certain services and functions without conducting due diligence and monitoring of the service...