“Simplicity does not precede complexity, but follows it.” (Alan Perlis)
Welcome to the February 2017 BOTW. Morgan Lewis offers a comprehensive review (107 pages) of last year’s SEC and FINRA activity. ACA tries to explain GIPS. Dechert addresses regulation of political contributions. And SEC3 tackles CCO personal liability. Also, kudos to Thompson Hine for using a podcast to deliver regulatory information.
FASB Updates for the Investment Industry (Cohen & Co.)