In This Update

Covering legal developments and regulatory news for funds, their advisers, and industry participants for the quarter ended December 31.


Rulemaking and Guidance
  • SEC No-Action Letter: Expanding Custody Options for Crypto Assets With State Trust Companies
  • SEC Division of Examinations Announces 2026 Priorities
  • Key Takeaways From FINRA’s 2026 Annual Regulatory Oversight Report
  • The Division of Examinations Publishes a Risk Alert to Promote Compliance with the Marketing Rule

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Troutman Pepper Locke’s Investment Management Group serves a wide range of businesses in the investment management community. Our practice involves three general areas: representation of registered investment companies and registered investment advisors, representation of alternative investment funds and investors in alternative products, and counseling regarding securities regulation, enforcement and litigation. Contact any of our professionals if you have questions about this update or any other investment management issues.

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