IA Rules & Regulatory Actions

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Galois allowed certain fund investors to redeem with less than five business days’ notice. The practice of permitting certain investors, including affiliated investors, to redeem ...
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Colony failed to provide the required disclosures to limited partners in advance and to obtain the required approvals from the LPACs or majority-in-interest of limited ...
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This new FinCEN rule, which takes effect in 2026, would require most investment advisers to create AML programs and to report suspicious activity to FinCEN
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The adviser failed to establish, maintain, and enforce written P&Ps reasonably designed to prevent the misuse of material nonpublic information concerning its trading of collateralized ...
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DeCaprio misrepresented to investors that the Funds were audited annually by an independent auditor
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The SEC finalizes this rule that adjusts for inflation the dollar threshold used in defining a “qualifying venture capital fund”
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Although the firm’s compliance manual contained generic language regarding the need to promptly update its Form ADV if there is additional information required for the ...
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The SEC, CFTC, Treasury and other federal agencies are proposing to establish data standards to promote interoperability of financial regulatory data. Comments must be received ...
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An individual made a campaign contribution to an incumbent for elected office in the State of Michigan, which office had influence over hiring investment advisers ...
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The adviser failed to have the funds and securities of seven of those pooled investment vehicles verified by actual examination or have audits performed of ...
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