Topics covered in this issue include: 

  • Artificial Intelligence in Financial Services: Tips for Risk Management
    Artificial intelligence (AI) solutions are increasingly popular among asset managers, because they accelerate decision-making through automation and create efficiencies. However, increased use of AI and advanced data analytics may change how risks are assessed for compliance purposes, and could pose other risks to funds.

  • Commercial Property Assessed Clean Energy Securitizations Increasingly Popular Among Funds
    Commercial Property Assessed Clean Energy (C-PACE) assets are increasingly securitized, with some now receiving public ratings. The circumstances in which these assets are generated could lead to more interest from the financial markets.

  • SEC Staff Issues No-Action Relief Under Custody Rule
    The staff of the SEC has granted Madison Capital Funding, a nonbank lender and registered investment adviser, a limited exemption from the application of the custody rule under the Investment Advisers Act. This will allow the lender to commingle client funds in a single bank account, provided the lender meets certain specified conditions.

  • OCIE Releases 2019 Examination Priorities
    The Securities and Exchange Commission (SEC) is stepping up its compliance activity on market infrastructure, fees, cryptocurrency, cybersecurity and anti-money laundering (AML). These priorities were identified by SEC staff and, depending on results, might lead to rule changes and amendments.