A Daily Network publication

person

Paul Atkins

In PWD coverage since September 17, 2026 · 16+ stories

PWD coverage

practice

SEC proposes ending pay-to-play rule that prompted many advisers to ban all employee contributions

Rule 206(4)-5 barred compensated advisory services to government clients for two years after certain political contributions; firm-wide employee bans often went further.

The Close · Oct 2SEC proposes letting RIAs self-custody crypto when no permitted custodian is available

practice · Oct 2SEC proposes custody relief for RIAs with discretionary trading authority

regulation · Oct 1SEC proposes crypto custody rule for advisers, funds and state trust companies

regulation · Oct 1SEC Commissioner Hester Peirce departs, leaving Crypto Task Force without a named successor

regulation · Oct 1SEC tokenized-stock exemption and CFTC relief follow Senate's CLARITY rejection

practice · Oct 1SEC proposes 20% performance fees for RIAs and a wider accredited-investor test

portfolio · Sep 30SEC proposes an exam-based path to accredited investor status

portfolio · Sep 30SEC proposes up to 20% RIA performance fees and looser interval-fund redemptions

distribution · Sep 30SEC proposes 20% performance-based fee for advisers and looser interval fund redemptions

The Close · Sep 30SEC proposes letting advisers charge up to 20% performance fees on private funds

RIA · Sep 28Hester Peirce resigns from SEC, leaving two Republican commissioners and no Democrats

practice · Sep 28SEC proposes rescinding 2010 pay-to-play rule for investment advisers

policy · Sep 28SEC proposes to rescind adviser pay-to-play rule for government clients

regulation · Sep 25Peirce leaves the SEC as her crypto rulebook is still being written

regulation · Sep 17SEC opens tokenized equities, then caps them at 0.25%