Issue categories:
December 24, 2022
•
1 min read
CFA Supports SEC Proposal to Enhance Investment Advisers’ Due Diligence and Oversight Over Third-Party Service Providers
In a letter to the Securities and Exchange Commission (SEC), CFA offered support for rulemaking to establish a set of minimum and consistent due diligence and monitoring obligations for investment advisers that outsource certain functions to third-party service providers. These obligations would help to ensure that advisers maintain sufficient oversight over third-parties so as to fulfill advisers’ fiduciary duty, comply with the federal securities laws, and protect clients from potential harm.
Our Subject Matter Experts
Related Articles
November 20, 2025
/ Press Releases
CFA Requests SEC Correspondence with Harvard Law Professor Hal Scott Regarding Mandatory Arbitration
April 29, 2025
/ Fact Sheets
Reconciliation Proposal to Eliminate the Public Company Accounting Oversight Board Will Expose Investors to Hundreds of Billions in Losses
February 26, 2025
/ Press Releases