The Commission adopted a new rule 204A-1 requiring SEC-registered investment advisers to adopt and enforce codes of ethics that establish standards of conduct expected of supervised persons and reflect the adviser's fiduciary duties. A code of ethics mu

In December 2009 the SEC adopted amendments to rule 206(4)-2, the custody rule under the Investment Advisers Act of 1940. The effective date of the amended rule is March 12, 2010. The SEC also adopted amendments to Items 7 and 9 of Form ADV, Sections 7

In July 2010 the SEC adopted amendments to Form ADV, Part 2 and rules 203-1, 204-1, 204-2, and 204-3 under the Investment Advisers Act of 1940. The adopted amendments replace Form ADV, Part II with Form ADV, Part 2. The adopted amendments change the f