SEC Adopts Private Fund Advisor Reforms
The SEC has adopted significant rules and amendments under the Investment Advisers Act of 1940 relating to private fund advisers.
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August 24, 2023
SEC Amends Accredited Investor Definition
The SEC yesterday amended the definition of an “Accredited Investor” to allow investors to qualify based on their professional knowledge, experience or certifications, in addition to the existing tests for income and net worth. The amendments also expand the list of entities that may qualify as accredited investors.
August 27, 2020