Gary Gensler, former SEC Chair, joins Compliance Connect 2025
FundApps is excited to announce that Gary Gensler, former Chair of the U.S. Securities and Exchange Commission, will be our keynote speaker at Compliance Connect in New York City next month!
Gary has been at the forefront of shaping U.S. financial markets - from overseeing the $120 trillion U.S. capital markets at the SEC, to driving post-2008 reforms in the $400 trillion swaps market as CFTC Chair.
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This is a rare opportunity to hear directly from one of the most influential voices in finance - live and in person.
Spaces are limited. If you’re interested in attending, contact marketing@fundapps.co or your Account Manager to request an invite.
SEC short-sale & securities lending rules: Court sends them back, but keeps them standing
The 5th Circuit Court of Appeals has weighed in on the SEC’s short-sale reporting (13F-2) and securities lending (10c-1a) rules. While the Court flagged a procedural gap - the SEC didn’t quantify the combined economic impact of adopting both rules together - it chose to remand the rules without vacating them. In short: the rules remain in place while the SEC revisits its analysis.
Challenges around statutory authority, the use of EDGAR vs. FINRA for 13F-2 reporting, and claims of impermissible extraterritorial reach were all rejected. Looking ahead, we expect the SEC to supplement its economic analysis, which could mean tweaks to thresholds, timelines, or scope.
Another compliance delay is likely, but for now, teams should proceed as though the rules stand — including preparing for the February 17th filing deadline for 13F-2.
Welcoming Tom Gavin as Chairman
Following our growth equity investment from FTV Capital, we’re delighted to welcome Tom Gavin as FundApps’ new Chairman. Tom is the Founder and Managing Director of Copper Shade Strategy, LLC and brings decades of leadership experience, including his time as CEO of Eze Software Group and interim CEO of Calypso Technology.
With Tom onboard, we’re doubling down on growth; advancing our products, expanding our solutions, and accelerating FundApps’ global scale. We’re excited to have him join us as we embark on this next chapter.
EDGAR Next goes live September 15
The SEC’s new filing system, EDGAR Next, is set to go live in September - and every investment manager will need to be ready.
Designed to improve security and simplify access, EDGAR Next requires all filers to switch to new login.gov credentials by September 12 to avoid disruptions.
For FundApps clients, the transition is seamless: once you’ve set up your new credentials, simply store your API token in Filing Manager and continue filing with a single click via our direct SEC integration.
We’ve broken down everything you need to know - including enrolment steps, deadlines, and how Filing Manager helps - in our latest blog post here.
Japan revises FEFTA - new amendments, new obligations
Japan has amended its Foreign Exchange and Foreign Trade Act (FEFTA), introducing Type A and Type B investor categories and new compliance requirements. Notably, investors must now file a prior notification when crossing the 1% ownership threshold - a change that will significantly affect hedge funds in Hong Kong and mainland China.
FundApps Sensitive Industries is designed to help you stay compliant with these evolving regulations. Learn more about how we can help you stay one step ahead here.
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