New York Compliance Officer Roundtable

Hot Topics for Investment Advisers

On June 17, 2025, Sidley, ACA Group, and the Investment Adviser Association hosted an engaging conversation with Emanuel Asmar, Exam Manager/Supervisory Attorney-Adviser, and Christopher Marino, Exam Manager within the U.S. Securities and Exchange Commission’s Division of Examinations. We discussed various current topics, including SEC exam trends and new priorities involving AI, recent SEC enforcement cases related to managing MNPI from creditors’ committees, cybersecurity and amendments to Regulation S-P, and updates on Marketing Rule exam focus.

MODERATOR

• Elizabeth Shea Fries, Investment Funds Partner and Global Practice Leader, Sidley

SPEAKERS

• Emanuel Asmar, Exam Manager/Supervisory Attorney-Adviser, U.S. Securities and Exchange Commission
• Christopher Marino, Exam Manager, U.S. Securities and Exchange Commission
• Monique Botkin, Associate General Counsel, Investment Adviser Association
  Formerly an attorney in the Division of Investment Management with the SEC
  
• Joshua Broaded, Partner and Head of Regulatory Advisory Solutions, ACA Group
  Formerly an examiner for the SEC
  
• Chuck Daly, Investment Funds Partner, Sidley
• Carlo di Florio, Global Advisory Leader, ACA Group
  Formerly held positions as Chief Risk & Strategy Officer with FINRA and Director, OCIE with the SEC
  
• Sanjay Lamba, Associate General Counsel, Investment Adviser Association
  Formerly an attorney in the Office of Compliance Inspections and Examinations with the SEC
  
• Lara Mehraban, Securities Enforcement and Regulatory Partner, Sidley
  Formerly the Acting Director of the New York Regional Office and Associate Regional Director of the New York Office’s Enforcement Division at the SEC
  
• Mike Pappacena, Partner, Cybersecurity and Risk, ACA Group