Results
On April 3, 2024, the U.S. Securities and Exchange Commission (“SEC”) announced charges against Senvest Management LLC (“Senvest”), a registered…
Last week the SEC notched a win in its first “shadow” insider trading case when a jury returned a verdict…
On October 13, 2023, the Securities and Exchange Commission (the “SEC”) adopted Rule 13f-2 under the Securities Exchange Act of…
This is our annual letter briefly reviewing various issues that our investment adviser clients should consider over the next few…
The Securities Exchange Commission (the “SEC”) adopted amendments to the rules governing beneficial ownership reporting on Schedules 13D and 13G…
Investment fund managers who structure their share of management fee income, as well as their share of performance fees, to…
As discussed in our Client Alert regarding the Corporate Transparency Act, beginning January 1, 2024 (the “Effective Date”), the Financial…
The Financial Crimes Enforcement Network (“FinCEN”) previously issued a final rule to implement the Corporate Transparency Act (the “CTA”), which…
On August 23, 2023, the Securities Exchange Commission (the “SEC”) adopted significant new rules for private fund advisers (the “Rules”)…
On September 5, 2023, the Securities Exchange Commission (the “SEC”) charged five advisory firms with violations of Rule 206(4)-2 (the…
On May 3, 2023, the Securities Exchange Commission (the “SEC”) approved significant amendments to Form PF (the “Amendments”), the confidential…
Shartsis Friese LLP has joined other prominent firms in the San Francisco Bay Area investment funds community to sponsor the…
Generally, an adviser that does business in California and has a gross annual revenue of over $25 million in the…
As noted in our Annual Letter, in 2021 the Federal Trade Commission adopted expanded and detailed rules implementing the requirement…
With the start of a new year, it’s a good time to look back at 2022’s developments in insider trading….
This is our annual letter briefly reviewing various issues that our investment adviser clients should consider over the next few…
Two recent enforcement “sweeps” by the U.S. Securities and Exchange Commission (“SEC”) serve as a reminder that the SEC at…
The November 4, 2022 deadline for compliance with Rule 204(4)-1 (the “Marketing Rule”) under the Investment Advisers Act of 1940…
The recently proposed Inflation Reduction Act of 2022 (“IRA”) includes a number of tax provisions, the most important of which…
The U.S. Securities and Exchange Commission (the “SEC”) recently proposed extensive new rules and amendments under the Investment Advisers Act…
Back in August 2021 the Securities and Exchange Commission filed a first-of-its-kind “shadow” insider trading case against Matthew Panuwat. Mr….
This is our annual letter briefly reviewing various issues that our investment adviser clients should consider over the next few…
On September 14, 2021, the SEC brought an unusual enforcement action against App Annie, a so-called “alt data” provider, and…
Last month the SEC filed a novel insider trading case worth taking a look at (a link to the SEC…
Gov. Gavin Newsom signed A.B. 150 into law on July 15, 2021. This law creates a workaround to the $10,000…