Key Takeaways:
“Large” covered institutions (including SEC registered investment advisers with $1.5 billion or more in assets under management) have until December 3, 2025 to comply....more
9/25/2025
/ Cybersecurity ,
Data Breach ,
Data Privacy ,
Data Protection ,
Incident Response Plans ,
Investment Adviser ,
Notice Requirements ,
Recordkeeping Requirements ,
Registered Investment Advisors ,
Regulation S-P ,
Securities and Exchange Commission (SEC) ,
Securities Regulation
Two bills are currently being advanced in the U.S. House of Representatives that, if enacted, will significantly impact two key exemptions that venture capital funds and their managers often rely on. The Developing and...more
California continues to lead the way in data privacy standards as the latest regulatory updates from the California Privacy Protection Agency (“CPPA”) mark a significant step forward in safeguarding individual rights and data...more
On June 11, 2025, the Securities and Exchange Commission (“SEC”) voted to extend the compliance date for the amendments to Form PF that were adopted on February 8, 2024. The compliance date for these amendments, which was...more
6/16/2025
/ Compliance ,
Filing Deadlines ,
Form PF ,
Fund Managers ,
Investment Funds ,
Investment Management ,
Proposed Amendments ,
Regulatory Reform ,
Regulatory Requirements ,
Reporting Requirements ,
Securities and Exchange Commission (SEC)
On March 12, 2025, the staff of the U.S. Securities and Exchange Commission (“SEC”) issued a no-action letter clarifying that issuers relying on Rule 506(c) of Regulation D, the private offering safe harbor permitting general...more
The Securities and Exchange Commission (the “SEC”) adopted amendments to Form PF on February 8, 2024. The compliance date for these amendments, which was originally March 12, 2025, was extended to June 12, 2025 (the...more
On October 13, 2023, the SEC adopted Rule 13f-2 and related Form SHO pursuant to the Securities Exchange Act of 1934 (the “Exchange Act”). Rule 13f-2 seeks to address Congress’ directive under Section 929X of the Dodd-Frank...more
The CrowdStrike computer failures that swept the globe on Friday, July 18, 2024, and persisted through the weekend may have impacted fund advisers relying on the Windows system, possibly triggering an “operations event” that...more