IAA Coronavirus Update
March 20, 2020
As the COVID-19 situation continues to unfold and impact our members, we stand ready to provide resources and up-to-date information on these developments. In the event of an office closure or other disruption, we are prepared to work remotely and continue to provide you critical information and services. All scheduled committee calls and webinars will proceed as planned.
The IAA held its first member briefing call to discuss considerations for firms in addressing various implications of the coronavirus developments on March 18. A recording of that call – which covered BCP, regulatory filing obligations, disclosure, remote working arrangements and more – is available here. We plan additional briefing calls as developments warrant, and we will notify members of details. We are also reporting on coronavirus-related developments affecting advisers in our online newsletter, IAA Today.
We are in constant contact with our regulators. The SEC’s Division of Investment Management has asked the IAA to keep its staff informed of impacts that the coronavirus situation is having on our member firms and potential compliance relief that may be appropriate. We have already had several conversations and communications with Division staff. We encourage you to share information about how your business operations are being affected by emailing IAALegalTeam@investmentadviser.org or by calling the Legal Team at (202) 293-4222.
We appreciate your continued support and willingness to share best practices with each other during these challenging times. As always, please do not hesitate to reach out to us if we may be of assistance to you on any matter.
TAGS: Coronavirus