NSCP Submits Comment Letter on Proposed Advertising and Cash Solicitation Rules

NSCP has submitted a comment letter on proposed amendments to Rule 206(4)-1 (the Advertising Rule) and Rule 206(4)-3 (the Solicitation Rule) under the Investment Advisers Act of 1940. The comments relate to the obligations of Chief Compliance Officers under the proposed amendments to the Advertising and Solicitation Rules.

NSCP would like to express its gratitude to the members of the ad hoc Comment Letter Committee for their time in preparing the comment letter on behalf of NSCP members.

Genna Garver, Partner, Troutman Sanders LLP (Chair)
Jeffrey Blumberg, Partner, Faegre Drinker Biddle & Reath LLP
Michelle Canela, Director, Compliance, Intech Investment Management LLC
Steven Hansen Esq., Morgan Lewis & Bockius LLP
Mitzie Pierre, Chief Compliance Officer, IFM Investors

If you are interested in volunteering to assist with writing future comment letters, please login to the NSCP MemberCenter and join our Forums and Committees today.