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SEC and FinCEN’s Proposed AML Rule Could Increase Compliance Burden on Investment Advisers

RIAs and ERAs may soon be required to implement procedures to verify their clients’ identities. On May 13, 2024, the Securities and Exchange Commission (SEC) and the US Department of the Treasury’s Financial Crimes...more

California’s New VC Diversity Reporting Law Aims to Increase Transparency

Venture capital firms should begin planning now for compliance to avoid monetary penalties or court action. California Governor Gavin Newsom signed Senate Bill No. 54 (SB 54) into law on October 8, 2023. The bill is...more

SEC Proposes Significant Rule Changes for Private Fund Advisers

The proposed amendments will have a substantial regulatory impact on private fund managers if adopted. On February 9, 2022, the Securities and Exchange Commission (SEC) published a proposed rule that, if adopted, would...more

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