CCOs most concerned with new Marketing Rule; Fund administrator Petra taps new London head to build European business

New SEC marketing rule looms large among investment advisers’ compliance concerns; Petra hires head for newly opened London office.

The SEC’s new marketing rule is a top concern for CCOs, with more than three quarters of respondents to the 2022 Investment Management Compliance Testing Survey naming advertising/marketing as the “hottest” compliance topic this year, Tom Aucterlonie reports.

Petra Funds Group has tapped the former European general counsel and head of ESG at Riverstone to lead its new London office and build the firm’s European presence, Tom Auchterlonie reports.

Email prepared by Jennifer Banzaca