Proposed Rule 206(4) -11: What investment advisers need to know On October 26, 2022, the Securities and Exchange Commission (SEC) issued proposed rule 206(4) -11 regarding the use of third party service providers for Registered Investment Advisers (RIAs). The proposed rule is designed to prohibit RIAs from outsourcing covered functions (as defined by the proposed … Continue reading SEC Proposes New Rule Regarding Outsourcing for RIAs