These are two new FAQs released by the SEC in 2025 dealing with extracted performance and portfolio characteristics
These new SEC final rules would require a minimum dissemination period for the distribution of security holder communication materials in connection with de-SPAC transactions, along ...
The CFTC and the SEC finalize their amendments to Form PF. Firms would have one year at least to comply.
The Monitoring Agreement did not contain a provision authorizing AIM to accelerate future monitoring fees from the Portfolio Company for the entire contract period if ...
This final rule creates six new Advisers Act rules and modifies two others and becomes effective Nov. 13, 2023
First compliance deadlines take effect 60 days from Sept. 14
The adviser failed to distribute required audited financials
The audits were completed pursuant to the International Standards on Auditing, not U.S. GAAS requirements; and the auditor was not registered with the PCAOB, resulting ...
The adviser purported to rely on the exception to the qualified custodian requirement but did not obtain an audit of each of the Funds and ...
The firm also did not properly describe the status of its fund’s financial statement audits when filing its Forms ADV and did not update certain ...