newsfilter
← Latest News
SEC Press Releases·

SEC and AMF Announce Supervisory MOU To Enhance Cooperation for Investment Advisers and Investment Service Providers

  • The SEC & French AMF signed a Memorandum of Understanding (MOU) to enable consultation & information-sharing regarding supervised investment advisers, companies, & service providers.
  • The agreement establishes a framework for cooperation between the two regulators for entities operating in the U.S. & France.
  • The MOU allows the SEC to process new & pending registration applications from AMF-supervised asset management companies wishing to operate as investment advisers in the U.S.
  • SEC Chairman Paul S. Atkins stated the MOU reflects a spirit of cooperation to expand opportunity & protect investors globally.
  • AMF Chair Marie-Anne Barbat-Layani welcomed the deal as a step toward strengthening capital market development & ensuring financial system integrity.