On July 26, 2011 the SEC adopted new reporting requirements for traders of large volumes of stock in response to the perceived lack of transparency associated with the flash crash of 2010. The rule
SEC Increases Client Thresholds for Performance Fees
On July 12, 2011 the SEC raised the thresholds governing whether an investment adviser can charge clients performance fees. Under the order, implementing Dodd-Frank rules, an investment adviser will be
SEC Readopts Rule on Beneficial Ownership Reporting Requirements & Security Based Swaps
The SEC readopted, without change, the relevant portions of existing rules that govern beneficial ownership determinations under Sections 13 and 16 of the Securities Exchange Act of 1934. The SEC acted
SEC Adopts Family Office Definition
On June 22, 2011, SEC adopted proposed rules relating to the definition of family offices under the Advisers Act, as set forth in Dodd-Frank. Historically, family offices have not been required to register