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SEC Staff Addresses Net Performance Presentation Requirements for Single Investments Under Marketing Rule

On January 11, 2023, the SEC Staff published a question-and-answer in its Marketing Compliance FAQs that addresses whether an advertisement that includes gross performance information for a single investment (or group of...more

SEC Investment Adviser Marketing Rule: Compliance Date is Nov. 4, 2022

In late 2020, the SEC adopted1 rule amendments that require SECregistered investment advisers to, by November 4, 2022, switch their compliance regimes from the SEC’s current Advertising and Cash Solicitation Rules (Rules...more

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