Asset Management, Recordkeeping Requirements, Reporting Requirements

Directors' Responsibilities for Sustainability Reporting—ASIC's Views

K&L Gates LLP on 12/19/2024

Introduction - When directors and officers of reporting entities are assessing how to prepare for complying with the new sustainability reporting obligations, it is tempting to look to the Australian Securities and...more

Major Changes Coming to the Qualified Professional Asset Manager Exemption

Alston & Bird on 4/18/2024

Our Employee Benefits & Executive Compensation and Investment Funds Teams break down the increased compliance requirements – and compliance costs – qualified professional asset managers (QPAMs) face under the Department of...more

SEC Expands "Dealer" Definition to Capture Liquidity Providers

K&L Gates LLP on 3/4/2024

Introduction - On 6 February 2024, the US Securities and Exchange Commission (SEC) voted 3-2 to adopt two new rules that significantly expand the definitions of a “dealer” and “government securities dealer” in Sections...more

DOL Issues Proposed Amendment to QPAM Exemption

Foley Hoag LLP on 8/26/2022

The Department of Labor (“DOL”) recently issued a proposed amendment to prohibited transaction class exemption 84-14 (the “QPAM Exemption”). The QPAM Exemption permits an investment fund managed by a qualified professional...more

Emerging Private Fund Manager Guide for Raising Institutional Investor Capital

Foley & Lardner LLP on 11/21/2017

Public and private pension plans, endowments, hedge funds and other institutional investors are investing trillions of dollars annually with alternative asset managers. Many of these fund managers are well-established with a...more

MiFID II: The Next Big Challenge - Key Issues for Asset Managers

Dechert LLP on 6/18/2015

Background - The Markets in Financial Instruments Directive (“MiFID II”) and the related Regulation (“MiFIR”) is the next big rewrite of EU legislation, due to take effect at the beginning of 2017. Although its greatest...more