Reg S-P small entity guide
Small Entity Compliance Guide
Enhancements to Regulation S-P: A Small Entity Compliance Guide
Read the current text at the source ↗Guide: Regulation S-P Compliance Checklist for Investment Advisers
- Applies to
- SEC-registered investment adviser
When this applies
Commission staff guidance, with its own caveat: the guide “summarizes and explains rules and form amendments adopted by the Commission, but is not a substitute for any rule or form itself. Only a rule or form itself can provide complete and definitive information regarding its requirements.” Start here, then read the rule.
What the rule says
A description of the source text.
A short plain-language walk through the 2024 Regulation S-P amendments, the SEC staff's small entity compliance guide under section 212 of SBREFA. It sets out the two compliance dates, 3 December 2025 for larger entities and 3 June 2026 for smaller ones, and covers the incident response programme, service provider oversight, the notification obligation and the recordkeeping requirement.
What it requires
Luna's plain-English reading, not the Commission's words.
- 01The fastest way into this rulemaking for a small adviser. Read it first, then the adopting release for anything that matters to your facts.
Topics
Source last checked against the regulator's copy on October 14, 2026. That date is written by an automated check, not by hand.
Luna Compliance is software, not a law firm. This page is not legal advice and reading it creates no attorney-client relationship. Where this page and the regulator's copy differ, the regulator's governs.