Our client memorandum discusses the key takeaways and main provisions of new Rule 18f‑4 under the Investment Company Act, which was adopted by the SEC in a release dated November 2, 202...

In a December 3, 2020 release, the SEC adopted new Rule 2a-5 under the Investment Company Act of 1940, as amended.  The rule establishes a new framework for good-faith determinations of t...

Rules and Regulations SEC Simplifies Private Offering Rules Withdrawal of SEC Staff No-Action Letters Related to Rulemaking on Funds of Funds and ETFs Industry Update OCIE Issues Risk ...

Rules and Regulations SEC Simplifies Private Offering Rules   Industry Update OCIE Issues Risk Alert on Observations from Examinations of Investment Advisers with Multiple Branch Offic...

In early October, the SEC adopted changes to “streamline and enhance the regulatory framework applicable to funds that invest in other funds” (otherwise known as “fund of funds” a...

Rules and Regulations SEC Adopts Updated Regulatory Framework for Fund of Funds Arrangements SEC Adopts Modernized Regulatory Framework for Derivatives Use by Registered Funds and Bus...

Rules and Regulations SEC Proposes to Exempt Certain “Finders” from Broker-Dealer Registration Requirements Industry Update Dalia Blass Keynote Address at the Investment Company I...

The SBA has issued a long-awaited Procedural Notice providing guidance on the procedures for changes of ownership of an entity that has received Paycheck Protection Program funds.This mem...

Rules and Regulations SEC Expands Access to Private Offerings Industry Update OCIE Publishes Risk Alert on Cybersecurity: Safeguarding Client Accounts Against Credential Compromise Li...

Rules and Regulations SEC Expands Access to Private Offerings Industry Update OCIE Publishes Risk Alert on Cybersecurity: Safeguarding Client Accounts Against Credential Compromise Li...