Title

Investment Management Regulatory Update
Client Newsletter

Created date

9/30/2014

SEC Rules and Regulations

  • SEC Proposes Two-Year Extension of Rule 206(3)-3T
  • SEC Grants No-Action Relief Permitting Investment Adviser to Offer Advisory Fee Rebate

Industry Update

  • CFTC Grants Exemptive Relief to Permit Certain CPOs to Engage in General Solicitation
  • IRS Memorandum Concludes That Members of an Investment Management Firm Organized as an LLC Owed Self-Employment Tax on Their Shares of the Firm’s Income
  • SEC Summarizes Use of Form PF Data in Annual Staff Report
  • SEC Investor Advocate Promotes User Fees