The SEC adopted yesterday rule amendments relating to the reporting of beneficial ownership under Sections 13(d) and 13(g) of the Securities Exchange Act of 1934 (“Exchange Act”).
The SEC has adopted significant rules and amendments under the Investment Advisers Act of 1940 relating to private fund advisers.
Last month, the SEC adopted amendments to Form PF. These amendments enhance the reporting requirements for certain SEC registered investment advisors that advise private funds. BACKGROUND Form PF is a…
Earlier this month, the SEC announced proposed amendments to Regulation S-P that would enhance the protection of customer information by requiring that investment advisers (as well as broker-dealers, investment companies,…
In February, the SEC announced a proposal to significantly revise Rule 206(4)-2 (the “Custody Rule”) to help provide additional protections to client assets. Specifically, under the proposal, the Custody Rule…
The SEC’s Division of Examinations (the “Division”) announced its 2023 examination priorities earlier this month. These SEC exam priorities are announced each year to help promote and improve compliance and…
The SEC announced on October 26, 2022 that it is proposing a new rule under the Investment Advisers Act of 1940 (“Advisers Act”) to prohibit registered investment advisors from outsourcing certain services or functions without first meeting certain minimum requirements.
The SEC announced earlier this week that it is proposing to amend rules and forms to require registered investment advisers, certain advisers exempt from registration, registered investment companies and business…
The SEC’s Division of Examinations (the “Division”) announced yesterday its 2022 examination priorities. These SEC exam priorities are announced each year to help promote and improve compliance and protect investors.
On February 9, 2022, the SEC voted to propose new rules and amendments under the Investment Advisers Act of 1940 (“Advisers Act”) to enhance the regulation of private fund advisors. These rules and changes would significantly increase transparency with regard to these investment advisors.