Asset Manager Considerations After SEC's Pricing Data Case

Law360 (February 16, 2021, 5:29 PM EST) -- The U.S. Securities and Exchange Commission settled a novel enforcement action against ICE Data Pricing & Reference Data LLC in December 2020.[1] ICE is a pricing service that supplies data to investment managers.

Although the SEC alleged only violations of the compliance rule under the Investment Advisers Act, the action is a reminder to all investment advisers to be vigilant in their oversight of vendors of critical services to protect their own clients. It's also a reminder that long-running practices can be problematic.


Pricing services are a critical part of the infrastructure of the asset management industry, helping money managers...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!