News & Analysis as of

Valuation Generally Accepted Accounting Procedures

Pillsbury Winthrop Shaw Pittman LLP

SEC Moves to Modernize Framework for Securities Offerings and Sales to Workers

The SEC takes a highly anticipated first step toward updating Rule 701 and Form S-8 - Amendments to Rule 701 would increase the cap on exempt offerings and ease disclosure burdens. Revisions to Form S-8 would permit...more

Sullivan & Worcester

SEC Adopts New Valuation Rule under the 1940 Act

Sullivan & Worcester on

On December 3, 2020, the Securities and Exchange Commission (SEC) adopted new rule 2a-5 ("Rule 2a-5") under the Investment Company Act of 1940, as amended ("1940 Act") addressing valuation practices and the board of...more

Opportune LLP

Energy Private Equity Valuation In A COVID-19 World

Opportune LLP on

As private equity fund managers assess the economic impact of COVID-19, developing reliable valuation processes and procedures for their investments will ensure transparency to regulators and investors....more

Opportune LLP

2020 Oil & Gas Impairments: What’s Behind the Numbers?

Opportune LLP on

Find out why some energy companies are considering potential oil and gas impairments amid low oil and gas pricing, and what key considerations go into conducting these impairments in order to comply with debt covenants and...more

Opportune LLP

What You Need to Know About Private Equity Valuation Audit Reviews

Opportune LLP on

Private equity fund managers need to develop reliable valuation processes and procedures when conducting fair value analyses in support of their investments to allow for a seamless review by independent auditors....more

Opportune LLP

Total Shareholder Return Plans: Accounting Implications & Valuation Assumptions

Opportune LLP on

The use of total shareholder return (“TSR”) plans as a form of performance-based compensation continues to grow in popularity as energy companies look for more efficient ways to match executive pay with performance....more

Opportune LLP

Upstream Private Equity Valuation Audit Reviews: What to Expect

Opportune LLP on

The valuation of private equity and venture capital investments has recently garnered greater marketplace attention. This comes as investors are demanding more transparency and information than ever before. The U.S....more

Proskauer - The Capital Commitment

Reported Criminal Probes Regarding Bond Valuations Highlight the Importance of Valuation Procedures

According to recent news reports, the DOJ and the SEC are investigating the possible improper use of third-party broker quotes by hedge fund managers to value illiquid debt securities in their portfolios. Prosecutors are...more

Proskauer - The Capital Commitment

Putting a Premium on Illiquidity: Some Reflections on the SEC’s Scrutiny of Valuation Practices and Disclosures

Valuation is typically near the top of the list when the SEC’s enforcement division and exam staff disclose their priority topics for private funds.  We expect that trend to continue and, if anything, the focus on valuation...more

Dechert LLP

“Risk Retentionizing” Your CLO: A Post-Effective Date Guide to Risk Retention Compliance

Dechert LLP on

Over the last year and a half, asset managers of collateralized loan obligations (“CLO Managers”) have been focused on developing various strategies to enable them to comply with the retention requirements of the final U.S....more

BakerHostetler

Data Valuation – Worth Zero or Trillions?

BakerHostetler on

Almost every entity is, or is becoming, a digital enterprise. Today’s information economy mandates nothing less. Entities are making tremendous investments in order to exploit the vast amounts of data – Big Data – that are...more

Troutman Pepper

The SEC Is Scrutinizing Asset Valuations—Are You Ready?

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The Securities and Exchange Commission (SEC) recently has set its sights on registered entities and their officers and directors for overvaluing the entities’ assets....more

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