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The weekly news source for investment management legal and compliance professionals

Topic: Status and Exemptions - Funds

SEC Will Revisit Registration Exemptions, 401(k) Private Fund Investments

July 12, 2019
The SEC is seeking public comment on ways to reform registration exemptions in order to "expand investor opportunities while maintaining appropriate investor protections." The concept release and request for comment is expected to, among other things, look at ways to ease the ability of 401(k)s and other retail investor retirement vehicles to invest in private funds.

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Get the Most Out of Exemptive Applications and No-Action Requests

March 29, 2019
Whether applying for a job, seeking to secure financing or sending the SEC an application for an exemptive order or a request for no-action relief, it is always wise to put your best foot forward. No sense damaging your chances with an application that is poorly written, disorganized or omits key information. There are steps that attorneys for advisers, funds and others can take to ensure their process gets off to a good start.

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Failure to Obtain ETF Exemption May Leave Advisers Paying the Penalty

May 5, 2017
Advisers operating exchange-traded funds better know the rules of the road before moving forward. BlackRock Fund Advisors recently settled with the SEC over allegations that it missed one key requirement – and wound up paying a $1.5 million fine.

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Holiday Season Brings Good News to Charitable Investment Funds

January 3, 2014
The SEC staff put a little something in charitable organizations’ stockings last month.

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