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EO Seeks to Expand Access to Alternative Asset Investments in Retirement Plans

On August 7, the White House issued an Executive Order (EO) aimed at broadening Americans’ access to alternative asset investments within employer-sponsored defined-contribution retirement plans, such as 401(k) plans....more

SEC No Action Letter Guidance Streamlines Rule 506(c) Accredited Investor Verification

On March 12, the US Securities and Exchange Commission (SEC), via a No Action Letter, issued interpretive guidance clarifying what constitutes “reasonable steps” issuers can take to verify purchasers’ accredited investor...more

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