Regulatory Updates Second Quarter 2025 for
SEC Registered Investment Advisers
- Resources
- News & Regulatory Updates
Welcome to the concise briefing on the latest SEC and CFTC regulatory developments impacting registered investment advisers (RIAs). This quarter highlights extended compliance timelines, ongoing policy reviews, and notable rule proposals withdrawals. Below is a structured overview to help advisers stay informed and compliant.
What this Covers
1) Form PF Amendments: Extended Compliance Date
2) Form N-PORT and Form N-CEN Amendments: Extended Effectiveness
3) Foreign Private Issuer (FPI) Definition: Public Comment Invitation
4) SEC Withdrawals of Fourteen Rule Proposals
Practical Next Steps for RIAs
- Conduct a cross-functional impact assessment for Form PF, N-PORT, and N-CEN changes.
- Review data collection, recording, and reporting workflows to ensure timely, accurate submissions.
- Update data governance and records management practices in light of revised N-PORT/N-CEN requirements.
- Establish a monitoring plan for FPI rulemaking developments and public comments.
- Prepare for ongoing SEC reviews of Form PF and related data use, including potential adjustments to burden versus benefit considerations.
- Maintain readiness for new proposals that could reintroduce topics like cybersecurity, outsourcing, ESG disclosures, and market structure reforms.
Contact Us
+1 202-854-0515
info@lawvisory.com
1250 Connecticut Ave NW #700, Washington, DC 20036