Adam D. Kanter

Nov 7, 2024 | mondaq.com | Adam D. Kanter |Timothy B. Nagy |Anna Pinedo |Stephen Vogt

Priorities Include Artificial Intelligence and Other Emerging Technologies, Complex Products, Reg BI, Cybersecurity, Outsourcing, Private Funds and Compliance with New and Amended SEC Rules On October 21, 2024, the Division of Examinations ("EXAMS" or the "Division") of the U.S. Securities and Exchange Commission ("SEC") released its examination priorities (the "2025 Priorities") for fiscal year 2025 (which started October 1, 2024).1 Over the course of 2025, the Division intends for its...

Sep 10, 2024 | mondaq.com | Matthew Bisanz |Adam D. Kanter |Brad Resnikoff |Kelly F. Truesdale

On August 28, 2024, the Financial Crimes Enforcement Network (FinCEN) finalized a rule establishing anti-money laundering (AML) compliance obligations for certain investment advisers (the "Final Rule").1 FinCEN largely adopted the substance of the proposed rule2 (the "Proposal")—discussed in our previous3 FinCEN has generally applied the BSA's AML compliance obligations only to specific types of financial institutions for which FinCEN has established rules governing the related AML compliance...

Jul 19, 2024 | jdsupra.com | Matthew Bisanz |Adam D. Kanter

On July 8, 2024, the Financial Crimes Enforcement Network (“FinCEN”) issued interpretive guidance that requires certain legal entities that have been dissolved or otherwise ceased to exist to file beneficial ownership information reports under the Corporate Transparency Act. Please join Mayer Brown partners Adam Kanter and Matt Bisanz to understand what that means and how it may impact your organization.

Jul 18, 2024 | mondaq.com | Adam D. Kanter |Matthew Bisanz

On July 8, 2024, the Financial Crimes Enforcement Network (“FinCEN”) issued interpretive guidance that requires certain legal entities that have been dissolved or otherwise ceased to exist to file beneficial ownership information reports under the Corporate Transparency Act. Please join Mayer Brown partners Adam Kanter and Matt Bisanz to understand what that means and how it may impact your organization.

Jun 6, 2024 | jdsupra.com | Timothy Clark |Kimberly Hamm |Adam D. Kanter

On June 5, 2024, a three-judge panel of the Fifth Circuit Court of Appeals (the “Fifth Circuit”) unanimously vacated the rule1 adopted by the US Securities and Exchange Commission (the “SEC”) to enhance the regulation of “private fund”2 advisers (the “Final Rule”). The Final Rule, adopted under the Investment Advisers Act of 1940, as amended (“Advisers Act”), on August 23, 2023, would have caused a significant change to the regulation and operation of private funds.