Michael S. Hong

Rules and Regulations IRS Finalizes Carried Interest Regulations Industry Update SEC Division of Examinations Statement on Recent and Upcoming Regulation Best Interest Examination...

Rules and Regulations IRS Finalizes Carried Interest Regulations Industry Update SEC Division of Examinations Statement on Recent and Upcoming Regulation Best Interest Examinations

The IRS has issued final regulations on the taxation of carried interest under Section 1061 of the tax code, which was added in the 2017 tax law and provides that capital gain allocated u...

Rules and RegulationsSEC Modernizes Framework for Registered Fund Valuation PracticesSEC Adopts Modernized Marketing Rule for Investment AdvisersIndustry UpdateOCIE Issues Risk Alert on O...

COVID-19 Update Rules and Regulations SEC Adopts Modernized Marketing Rule for Investment Advisers Industry Update OCIE Issues Risk Alert on Observations from Examinations of I...

In a December 22, 2020 release, the SEC adopted amendments to create a single rule that will replace the current advertising and cash solicitation rules under the Investment Advisers Act ...

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...