Alert January 02, 2007

Financial Services Alert - January 2, 2007

  • SEC Issues Release Proposing a Modified Accredited Investor Standard for Natural Persons Investing in Certain 3(c)(1) Funds and a New Advisers Act Anti-Fraud Rule
  • SEC Publishes Staff Economic Papers on Fund Governance Issues in Connection with Reopening Comment Period on Challenged Fund Governance Requirements
  • Director of SEC’s Division of Investment Management Discusses Exemptive Applications Process Improvements at ICI Procedures Conference
  • SEC OCIE Director Discusses Examinations of Fund and Adviser CCO Annual Reviews