Title

Investment management regulatory update - April 2021
Client Newsletter

Created date

4/30/2021

Rules and Regulations

  • SEC Staff Statement on Withdrawal and Modification of Staff Letters Related to Rulemaking on Use of Derivatives and Certain Other Transactions by Registered Funds and Business Development Companies

Industry Update

  • Acting SEC Chair Allison Herren Lee’s Speech on the Importance of Fund Voting and Disclosure

Litigation

  • SEC Settles with Investment Adviser Principals Responsible for Alleged Misstatements and Omissions Regarding Due Diligence, Valuation, and Conflicts of Interest