Regulatory Forum – Q4 2023 Update
The Securities and Exchange Commission (SEC) continues to focus its efforts on private funds, as evidenced through recent rulemaking, examination priorities, and enforcement actions highlighted in this and prior regulatory updates. Recent recommendations would potentially implement an inflation adjustment to the financial thresholds, establish alternative approaches to setting such thresholds, allow individuals to quality based on financial sophistication, encourage the development of alternative methods for verifying accredited investor status, among others.
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