On July 21, 2025, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) announced that it intends to postpone the effective date of its 2024 investment advisor AML rule for registered investment...more
7/31/2025
/ AML/CFT ,
Customer Due Diligence (CDD) ,
FinCEN ,
Investment Adviser ,
Know Your Customers ,
Registered Investment Companies (RICs) ,
Regulatory Requirements ,
Reporting Requirements ,
Rulemaking Process ,
Suspicious Activity Reports (SARs) ,
Time Extensions
California recently passed a bill, SB-54, in an effort to increase transparency regarding diversity in the venture capital industry and to encourage investments in diverse founders. SB 54 will require “covered entities” to...more
10/12/2023
/ California ,
Data Collection ,
Disclosure Requirements ,
Diversity ,
Financial Reporting ,
Legislative Agendas ,
New Legislation ,
Publicly-Traded Companies ,
Regulatory Agenda ,
Regulatory Requirements ,
Venture Capital
On August 23, 2023, the U.S. Securities and Exchange Commission (SEC) adopted new rules and amendments under the Investment Advisers Act of 1940. Although they have been watered down significantly from the version initially...more
8/29/2023
/ Audits ,
Compliance ,
Investment Adviser ,
Investment Advisers Act of 1940 ,
Investment Management ,
New Rules ,
Private Funds ,
Recordkeeping Requirements ,
Registered Investment Advisors ,
Securities and Exchange Commission (SEC) ,
Securities Regulation