SEC Adopts Final Rules on Advisory Performance Fees
Investment Advisers, Private Equity The SEC has adopted a final rule on investment advisory performance fees to raise the net worth requirement for investors who pay performance fees, by excluding the value of the investor’s home from the net worth calculation. Under the SEC’s rule, registered investment advisers may charge clients performance fees if the client’s net worth or [...] Read more →
OIG’s Follow-Up Review of Cost-Benefit Analyses in Selected SEC Dodd-Frank Act Rulemakings
Public Companies and Securities, Uncategorized In June 2011, the SEC Office of Inspector General released a Phase I report on the results of its initial assessment of the cost-benefit analyses conducted for six rulemakings.... Read more →
SEC Issues FAQ’s on Family Office Investment Adviser Exemption
Investment Advisers, Uncategorized The SEC staff has issued frequently asked questions on the SEC’s rule regarding exemption of family offices from registration under the Investment Adviser Act. The Dodd-Frank... Read more →
Say-on-Pay Did Not Change State Law Fiduciary Duties According to Federal Court
Executive Compensation, Public Companies and Securities The case of Dennis v. Hart, before the U.S. District Court for the Southern District of California, is another recent decision regarding litigation resulting from a say-on-pay... Read more →