Citrin Cooperman’s inaugural Emerging Manager Survey Report provides an in-depth analysis of the major factors that are currently shaping, and will continue to shape, future growth for emerging managers, including capital raising, fees and terms, cybersecurity, ESG, and the overall industry outlook. Read more…

Forvis Mazars: Under two proposals, certain advisers would be subject to AML/CFT provisions and must develop a customer identification program.

Under two recently issued proposals, certain SEC investor advisers would now be subject to Anti-Money Laundering and Countering the Financing of Terrorism provisions of the Bank Secrecy Act and also be required to develop a customer identification program. Read more…

Forvis Mazars: Brush up on newly effective regulations affecting asset managers and funds, along with recently issued final rules.

Asset managers and funds face a tidal wave of new regulations in 2024 and beyond. Download the article below for a look at newly effective regulations and an overview of final rules issued to date in 2024, along with updates on significant outstanding proposals. Read more…

Forvis Mazars: An SEC final rule updates Regulation S-P regarding the treatment of nonpublic personal information impacting broker-dealers, investment companies, and investment advisers.

On May 16, 2024, the SEC released a final rule updating Regulation S-P, which covers the treatment of nonpublic personal information by broker-dealers (including funding portals), investment companies, registered investment advisers, and for the first time, transfer agents. Read more…

Forvis Mazars: An SEC final rule updates Regulation S-P regarding the treatment of nonpublic personal information impacting broker-dealers, investment companies, and investment advisers.

On May 16, 2024, the SEC released a final rule updating Regulation S-P, which covers the treatment of nonpublic personal information by broker-dealers (including funding portals), investment companies, registered investment advisers, and for the first time, transfer agents. Read more…

FORVIS: 2024 began with fewer deals and lower valuations, but see why brighter days may be ahead for M&A. Read more…

Citrin Cooperman’s Financial Services Industry Practice is excited to announce its inaugural Emerging Managers Survey for U.S.-based private equity and venture capital fund managers. Throughout this survey and the resulting report, we will uncover, analyze, and benchmark detailed information about emerging private equity and venture capital managers including information on fundraising, deal economics, environmental, social, and governance (ESG) practices, cybersecurity, and provide an overall outlook for the industry.

All responses will be kept confidential. Learn more…

FORVIS: When it comes to personal finances and planning for retirement, most of us have heard the adage, “Spend less than you make.” While this rule of thumb is a bedrock of financial well-being, the ever-changing landscape surrounding retirement and the financial implications associated with preparing for this exciting stage of life can often be intimidating and potentially hazardous to navigate alone. Read more…

FORVIS: On May 3, 2023, the SEC voted three to two along party lines to issue a final rule updating and modernizing 2003 regulations on share repurchases by issuers, listed closed-end funds, and foreign private issuers (FPIs). The changes require more detailed quantitative and qualitative disclosures. The final rule reflects some significant changes from the proposal based on comment letter feedback, most notably periodic aggregation of daily information versus daily reporting. Read more…

FORVIS: This paper provides an overview of key proposals and final rules that may impact asset managers, funds, and broker-dealers issued by the SEC from January to March 31, 2023, along with updates on significant outstanding proposals. The developments included in this update are intended to be a reminder of recently issued accounting and other guidance that may affect you in the current reporting period. Read more…