Most 3(c)(1) private equity and hedge funds are impacted; exempt venture capital funds are not impacted.
Effective August 16, 2021, the dollar thresholds specified in the definition of “qualified client” under Rule 205-3...more
UPDATE: Since the publication of our Investment Adviser Alert, the staff of the SEC Division of Investment Management has issued several new and updated responses to Coronavirus (COVID-19) FAQs, expanding on prior guidance...more
The SEC and CFTC grant conditional filing extensions as firms address business continuity and risks related to the pandemic.
Conditional filing extensions are available to investment advisers and certain registered funds if...more
4/1/2020
/ Business Interruption ,
CARES Act ,
Coronavirus/COVID-19 ,
Federal Loans ,
Filing Deadlines ,
Financial Stimulus ,
Investment Funds ,
Lenders ,
Paycheck Protection Program (PPP) ,
Relief Measures ,
SBA ,
SBA Lending Programs ,
Small Business ,
t ,
Unemployment Insurance
New law imposes registration and compliance obligations on private funds that carry on business in or from the Cayman Islands.
Absent an exemption, all private funds that carry on business in or from the Cayman Islands will...more
4/1/2020
/ Anti-Money Laundering ,
Cayman Islands ,
CIMA ,
Compliance ,
Corporate Governance ,
Deadlines ,
Enforcement Authority ,
Fines ,
Fund Managers ,
Internal Controls ,
Investment Funds ,
Policies and Procedures ,
Private Equity ,
Real Estate Investments ,
Reporting Requirements ,
Venture Capital
To increase the transparency of fees and expenses paid to alternative funds, every California public pension plan must require each alternative fund in which they invest to make various disclosures, and California public...more
10/4/2016
/ Disclosure Requirements ,
Fee Disclosure ,
Hedge Funds ,
Investment ,
Investment Funds ,
Investment Management ,
New Legislation ,
Pensions ,
Private Equity Funds ,
Public Pension ,
Retirement Plan ,
Venture Funding
On November 3, 2015, an Illinois federal jury convicted Michael Coscia, a high-frequency commodities trader, of six counts of commodities fraud and six counts of spoofing—entering a buy or sell order with the intent to cancel...more
The regulatory environment for SEC-registered advisers has become more complex as the result of a more aggressive and interconnected Securities and Exchange Commission (SEC). The connecting hub within the SEC is the Office of...more
- Mandatory reporting required by the Bureau of Economic Analysis on Form BE-10 – 2014 Benchmark Survey of U.S. Direct Investment Abroad
- Investment managers, general partners, hedge funds and private equity funds are...more
The California Commissioner of Business Oversight (“Commissioner”) recently amended California’s custody rule 10 C.C.R. Section 260.237 (the “New Custody Rule”). The New Custody Rule will be effective on April 1, 2014....more