WilmerHale’s Post

On Friday, January 19, 2024, SEC staff of the Division of Investment Management published “Frequently Asked Questions” related to Tailored Shareholder Reports. Among the important issues addressed in the FAQs were: 1.     Appropriate broad-based securities market index 2.     Form N-CSR and website availability requirements 3.     Binding individual shareholder reports of multiple funds 4.     Compliance date and Inline XBRL issues 5.     Electronic delivery of shareholder reports We’ve previously discussed most of the topics, but in this blog, Guy Stanzione provides an overview of the compliance date and Inline XBRL. https://lnkd.in/gbQuAC5z #TailoredShareholderReports #SimplifyingComplexity #ExpandingPossible

On Friday, January 19, 2024, SEC staff of the Division of Investment Management published “Frequently Asked Questions” related to Tailored Shareholder Reports. Among the important issues addressed in the FAQs were: 1.     Appropriate broad-based securities market index 2.     Form N-CSR and website availability requirements 3.     Binding individual shareholder reports of multiple funds 4.     Compliance date and Inline XBRL issues 5.     Electronic delivery of shareholder reports We’ve previously discussed most of the topics, but in this blog, Guy Stanzione provides an overview of electronic delivery of shareholder reports. https://lnkd.in/gGEmgDYC #TailoredShareholderReports #SimplifyingComplexity #ExpandingPossible

Check out Guy’s latest Blog about TSR’s.

Explore the Latest Updates in Capital Market Regulations: from revamped listing requirements, new restrictions on listed companies operating as investment entities, to increased flexibility in securities holding reporting. Discover upcoming changes to major transaction and related party transaction regulations. Stay informed and ahead in your practice with our comprehensive overview in this month’s newsletter. Find out more on this link: https://bit.ly/3UhgmFO #CapitalMarkets #SECUpdates #SETUpdates #TheCapitalLawOffice #TheCapitalLaw

🌐 The U.S. Securities and Exchange Commission's Preferential Treatment Rule requires, among other things, that advisers identify all instances where select investors are granted preferential redemption rights and/or enhanced access to portfolio information in ways that have a "material, negative effect" on investors. Privately negotiated terms, including side letters, may need to be disclosed and/or offered to other investors, with increased scrutiny over any 'material, negative effect" on open-ended funds. Learn more about how to ensure compliance and transparency in the second installment of our “SEC’s Private Fund Adviser Rules Explained” series. Read more: https://bit.ly/4a3KESn; https://bit.ly/46I5FRw #investmentmanagement #privatefunds #compliance #investmentmanagers #investmentnews #lawyers

If you are a large private equity fund advisor or about to be, check out our blog post on the key changes to Section 4 of Form PF. 🔗 Read the full blog here: https://bit.ly/3XaJ7XI #privateequity #FormPF

Rachael Schwartz authored the article "As 2024 Closes Out, It's Time to Prepare for Names Rule Compliance," published by Fund Board Views. In the article, Rachael highlights key compliance dates for investment advisers to registered funds and the issues that fund boards should consider with respect to the amendments to the Names Rule that were adopted by the U.S. Securities and Exchange Commission in 2023. To learn more, click here: https://lnkd.in/e3FWude6 #WhatsYourNext

🚀 Big changes on the horizon for large private equity fund advisers The U.S. Securities and Exchange Commission's recent amendments to Form PF Section 4 aim to enhance transparency and systemic risk monitoring. Dive into our latest blog to understand how these updates impact annual reporting requirements and what they mean for the industry.📈🔍 🔗 Read the full blog here: https://bit.ly/3XaJ7XI #PrivateEquity #SEC #RegulatoryCompliance #FormPF #Finance #AQMetrics #EmergingRegulations #FinancialReporting

For your asset-backed securities, learn the top questions to consider when selecting a trustee to facilitate the deal. http://spr.ly/6046c4lig

Rachael Schwartz authored the article "As 2024 Closes Out, It's Time to Prepare for Names Rule Compliance," published by Fund Board Views. In the article, Rachael highlights key compliance dates for investment advisers to registered funds and the issues that fund boards should consider with respect to the amendments to the Names Rule that were adopted by the U.S. Securities and Exchange Commission in 2023. To learn more, click here: https://lnkd.in/eVftNUdu #WhatsYourNext