On June 12, 2025, the Securities and Exchange Commission issued a release announcing that it was withdrawing 14 notices of proposed rulemaking issued between March 2022 and November 2023 and stating that it “does not intend...more
6/18/2025
/ Biden Administration ,
Enforcement Guidance ,
Environmental Social & Governance (ESG) ,
Financial Markets ,
Financial Regulatory Reform ,
Investment Management ,
NPRM ,
Proposed Rules ,
Regulatory Agenda ,
Regulatory Freeze ,
Regulatory Reform ,
Rulemaking Process ,
Securities and Exchange Commission (SEC) ,
Trading Policies ,
Trump Administration
A “hedge clause,” when incorporated into an investment advisory agreement, is designed to limit an adviser’s liability to its advisory client. Even carefully worded hedge clauses, however, can attract unwanted SEC enforcement...more
5/5/2025
/ Contract Terms ,
Fiduciary Duty ,
Financial Markets ,
Hedge Funds ,
Institutional Investors ,
Investment Adviser ,
Investment Advisers Act of 1940 ,
Investment Contract ,
Registered Investment Advisors ,
Retail Investors ,
Securities Regulation