Results
On March 26, 2025, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (“FinCEN”) adopted an interim final rule…
Yesterday, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (“FinCEN”) announced that no fines or penalties will be…
New amendments to the SEC’s privacy rules of Regulation S-P (the “Reg S-P Amendments”) will require SEC-registered investment advisers (“RIAs”)…
This is our annual letter briefly reviewing various issues that our investment adviser clients should consider over the next few…
On December 26, 2024, the Fifth Circuit Court of Appeals reversed the decision of its motions panel from three days…
On December 23, 2024, the Fifth Circuit Court of Appeals granted the U.S. government’s request to lift the nationwide injunction…
On December 3, 2024, a federal district court in Texas issued a nationwide preliminary injunction preventing the U.S. government from…
The Corporate Transparency Act (the “CTA”) requires many domestic and foreign entities doing business in the United States to file…
Rule 21F-17(a) of the Securities Exchange Act (“Rule 21F-17”) prohibits any person from taking action to impede an individual from…
On April 23, 2024, the FTC issued a final rule (the “Final Rule”) broadly banning post-employment non-competition clauses between employers…
On June 5, 2024, the U.S. Fifth Circuit Court of Appeals vacated the SEC’s final private fund adviser rules adopted…
Many SEC-registered investment advisers that provide services to, and transact on behalf of, employer-sponsored retirement plans, individual retirement accounts and…
Form N-PX is a form used to report certain proxy votes. Historically, only mutual funds and other registered investment companies…
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…