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Insights, Guidance, and Compliance Expertise You Can Trust
At Salus GRC, we believe that knowledge empowers financial professionals to navigate complexity with confidence. Our blog is your go-to resource for practical compliance guidance, regulatory updates, and strategic insights tailored to registered investment advisors (RIAs), broker-dealers, private fund advisers, and wealth managers.
- The Salus GRC Brief | March 2026
March has been a busy and defining month across the regulatory landscape. From FINRA’s long-awaited increase to the gifts and gratuities limit, to continued SEC focus on cybersecurity, vendor oversight, […] - SEC and CFTC CollaborationThe SEC and the Commodity Futures Trading Commission announced on March 11 that they have entered into a Memorandum of Understanding (MOU) to guide coordination between the two agencies to support lawful innovation, uphold market integrity, […]
- OpenClaw AI and Autonomous RiskBy: Jay Patel OpenClaw is the latest viral AI tool and there’s a good chance your firm’s employees are already experimenting with it, often on personal laptops or home servers. So What is it? OpenClaw is an […]
- Securities Attorney Calls on Congress to Strengthen SRO OversightBy: Jacqueline Hallihan Washington, D.C. | March 5, 2026 A. Valerie Mirko, a partner at Armstrong Teasdale LLP and leader of its Securities Regulation and Litigation practice, testified before the […]
- Valuation of Private Credit: Madison Funding EnforcementOn February 25, the SEC fined Madison Funding, a Chicago-based private fund manager, $900,000 for violations related to the valuation of its private credit portfolio. During 2020, when the Firm had approximately $3.7 billion in AUM, the SEC found […]
- FINRA Increases Gift LimitBy: Matt Calabro In a significant and long-awaited update, on February 27, 2026, FINRA adopted amendments to Rule 3220 (the “Rule”), modernizing the framework that governs gifts and gratuities in the financial services industry. Most notably, […]
- SEC Compliance Outreach Offers Guidance for Smaller FirmsBy: E.J Yerzak If you missed the SEC’s January Compliance Outreach on Regulation S-P, now is the time to catch up. The Commission has released the full recording, and while the session was billed […]
- The Salus GRC Brief | February 2026February’s regulatory landscape reflects a clear theme: modernization without deregulation. The SEC continues to signal openness to innovation — particularly around AI and digital assets — while reinforcing that foundational […]
- SEC Appoints Keith Cassidy as Director of Division of ExaminationsOn January 20, the SEC appointed Keith E. Cassidy as Director of its Division of Examinations (EXAMS). Cassidy had served as Acting Director of EXAMS since May 2024 and previously held several senior roles within the division, […]
- New SEC Marketing Rule FAQs: What Advisers Need to KnowSEC Staff Issues Guidance on Model Fees and SRO Disqualifications Under Rule 206(4)-1 On January 15, 2026, the SEC’s Division of Investment Management updated its Marketing Rule FAQ page with […]
- California Reporting for Venture Capital FirmsPrivate fund managers and their underlying funds that invest in the venture capital space may be subject to additional reporting in California beginning this spring. Per a new law enacted in the Golden State, venture […]
- Custody Unlocked: Key Takeaways from Salus GRC January WebinarOn January 27, Salus GRC hosted Custody Unlocked, a webinar bringing together two nationally recognized custody experts: Robert E. Plaze, former Deputy Director of the SEC’s Division of Investment Management and author […]
- SEC Clarifies Tokenized SecuritiesBy: Gena Dirani On January 28, 2026, staff from the SEC’s Divisions of Corporation Finance, Investment Management, and Trading and Markets issued a joint statement addressing tokenized securities — traditional securities that […]
- SEC’s Daly to Investment Industry: Come Talk to Us About AIOn February 3, SEC Division of Investment Management Director Brian Daly delivered a notable speech at the Investment Company Institute’s Winter Board Meeting, making an unusually direct appeal to the […]
- The Salus GRC Brief | January 2026January’s Salus GRC Brief is all about preparation over reaction. This month, we’re digging into what regulators are focused on right now — from Marketing Rule enforcement and Reg S-P […]
- Webinar Summary: What It Takes to Launch a Fund SuccessfullyLaunching a private investment fund is a complex, multi-disciplinary undertaking that extends far beyond portfolio construction. In Salus GRC’s recent Navigator webinar, Strategies for an Effective Fund Launch, panelists Meir Lax, […]
- SEC EXAMS Issues Marketing Rule Risk AlertOn December 16, the SEC’s Division of Examinations (EXAMS) issued a Risk Alert on the Marketing Rule. EXAMS previously published a Risk Alert in April 2024 to share initial observations related to adviser compliance with the Marketing Rule, including policies and procedures, books and records, Form […]
- Enhancing Audit Quality: Key Takeaways from the SEC’s Chief Accountant on PCAOB OversightKurt Hohl, the SEC’s Chief Accountant, shared insights on current SEC and Public Company Accounting Oversight Board (PCAOB) developments at the American Institute of Certified Public Accountants 2025 Conference in December. Hohl highlighted […]
- License to Advise Part 2: Investment Adviser Representative Registration OversightBy: Ariana Monchick In our November newsletter, we highlighted some important considerations and deadlines for Investment Adviser Representative (IAR) continuing education and registration renewals. In our second installment of our Adviser Registration Series, we […]
- The Reg S-P Two-Minute Warning: Smaller Advisers Have Until June 3, 2026By E.J. Yerzak Winning the Super Bowl doesn’t happen on game day – it happens months earlier in the film room, the weight room, and on the practice field. The same holds […]