Latest Breaking News On - Consent rather than prohibitions - Page 1 : comparemela.com

In a 3-2 vote on August 23, 2023, the Securities and Exchange Commission ("SEC" or "Commission") adopted five new rules under the Investment Advisers Act of 1940 (the "Advisers Act").

Fund adviserFund advisersApplicable to all private fund advisersInvestment advisers actFund adviser rulesNegligence standardCharging feesNot providedConsent rather than prohibitionsProposed ruleQuarterly statementsQuarterly statement ruleProposed rulesPreferential treatment ruleRestricted activities ruleAll private fund advisers