ADISA Focusing on Helping with Southern California Fire Impacts
The Alternative & Direct Investment Securities Association is conscious of the devastation that has taken place in several neighborhoods that are part of the greater Los Angeles metropolitan area and is focused on finding ways to help members contribute to the relief effort, says ADISA 2025 President John H. Grady. ADISA is helping connect members with organizations providing relief efforts by listing several that are bringing food, shelter and other help to those directly impacted by this disaster.
Trump’s Second Term: What Might We Expect?: The DI Wire reports that with President Trump’s election, plus Republican control of both chambers of Congress, the alternative investments landscape is likely to shift significantly over the next four years, according to 2025 ADISA President John Grady.
Supreme Court Reinstates Federal Anti-Money Laundering Law: The Hill reports that the Supreme Court on Thursday agreed to reinstate a federal anti-money laundering law at the federal government’s request as a legal challenge proceeds in a lower court. The court’s emergency stay halts, for now, a federal judge’s injunction that blocked the Corporate Transparency Act, which would require millions of business entities to disclose personal information about their owners.
Hedge Fund Pays SEC $90 Million Fine:Pensions & Investments reports that the Securities and Exchange Commission last week settled charges against hedge fund manager Two Sigma for failing to address known vulnerabilities in its investment models, agreeing to pay $90 million in civil penalties and repaid $165 million to impacted funds and accounts.
Vanguard Pays $106 Million Target Date Funds Fine: InvestmentNews reports that Vanguard will pay $106.41 million to settle charges from the SEC for reportedly making misleading statements regarding its target date retirement funds.
Cash Sweep Issues Cost Firms $60 Million:Wealth Management reports that the SEC has fined two registered investment advisor units of Wells Fargo and Merrill Lynch $60 million for cash sweep program compliance failures.
FINRA Chief Calls for Limiting CAT Personal Data: FINRA President and CEO Robert Cook has called for the Consolidated Audit Trail to immediately cease collecting the personally identifiable information of retail investors, a requirement under the current SEC mandate.
Trump Freezes All Pending Regulations, Acting SEC Chair Named: Financial Advisor Magazine reports that President Trump named SEC Commissioner Mark Uyeda as acting chairman until Paul Atkins gets Senate approval, as the president issued executive orders Monday pausing all federal regulation and instituting a hiring freeze throughout the federal government, pending White House review.
Crypto Policy Task Force Begins:Pensions & Investments reports that Republican SEC Commissioner Hester Peirce will lead a new crypto task force, the agency announced Jan. 21, aimed at “developing a comprehensive and clear regulatory framework” for cryptocurrencies.
DOL Acting Secretary Named: PLANADVISER reports that President Donald Trump Tuesday named Vince Micone acting secretary of labor while his nominee for the position, former Representative Lori Chavez-DeRemer (R-OR), awaits Senate confirmation.
Trump Ends US Role in Global Tax Plan:Financial Times reports that President Trump withdrew U.S. support for the global compromise on taxing the profits of multinational corporations.
Treasury Secretary Vote May be Next Week: Reuters reports that Senate Finance Committee Chairman Mike Crapo on Wednesday said he is hoping a full Senate confirmation vote for President Trump's pick as Treasury secretary, Scott Bessent, could occur next week.
HUD Nominee Wants to Boost Opportunity Zones: CT Insider reports that President Trump's pick to lead housing development, Scott Turner, intends to lean into the opportunity zones program created in Trump's first term, saying he hopes to find ways to adjust the opportunity zones tax incentive program to encourage more housing in those zones.
ADISA's Public Policy Spotlight is manually curated by our government relations team and is a benefit of your ADISA membership. We do not sell, rent, or forward the ADISA membership list to anyone, and there is no linkage to other ads or any selling of the email addresses. It’s simply a service to the industry underwritten by ADISA.
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