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SBA New Final Rule Establishes Accrual SBIC License and Implements Significant Changes to SBIC Regulations

The Small Business Administration (the “SBA”) published a final rule on July 18, 2023, implementing significant changes to reduce barriers to program participation and address Small Business Investment Company (“SBIC”)...more

Registered Investment Advisers Should Consider Marketing Rule as Part of 2022 Annual Compliance Reviews

In connection with annual compliance manuals reviews and the conclusion of Form ADV season, firms should consider updating for compliance with amended Rule 206(4)-1 (the “Marketing Rule”) under the Investment Advisers Act....more

House of Pay’n – House Passes Bill to Help Create Legal Framework for Digital Asset Regulation

On Tuesday, April 20, 2021, the House of Representatives passed the Eliminate Barriers to Innovation Act of 2021 (the “Act”). The Act was initially introduced in March with an overarching aim to clarify the roles of the...more

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