Title

Investment Management Regulatory Update
Client Newsletter

Created date

2/24/2014

SEC Rules and Regulations

  • SEC Issues Guidance on Rule 506(c) Exemption
  • SEC Issues No-Action Guidance Regarding Definition of “Knowledgeable Employee” Under the Investment Company Act
  • IM Guidance Update Urges Risk Management in Changing Fixed Income Market Conditions

Industry Update

  • SEC Issues Risk Alert Focusing on Due Diligence Processes of Investment Advisers
  • FINRA Loosens Private Fund Anti-Spinning Compliance Regulations for Private Fund Managers and Proposes Rule to Grant Exemptions from Such Regulations Without SEC Approval s

Litigation

  • SEC Sanctions Investment Adviser for Defrauding Clients
  • SEC Sanctions Investment Adviser for Advisers Act Violations