SEC Division of Investment Management Director Makes Remarks at the PLI 2018 Investment Management Institute Program

May 11, 2018

Dalia Blass, the SEC’s Director of Division of Investment Management (“IM”), made remarks at the Practicing Law Institute’s 2018 Investment Management Institute program in New York on April 30, 2018. She discussed the recent SEC rule proposals on the standards of conduct for investment professionals, which she said seek to (1) provide clarity to retail investors about investment professionals, (2) enhance the standard of conduct for broker-dealers and (3) clarify the standards of conduct for investment advisers.

She also reported on recent actions taken by the SEC and the IM staff in connection with the liquidity risk management program rule adopted in 2016, including publication of frequently asked questions and responses by the IM staff, and release of the SEC’s proposal for targeted changes to the rule’s related public reporting requirement.


Compliance, Investment Advisers, Investment Companies, Mutual Funds, Regulatory, Speeches & Testimony