09.26.23

New Rules Issued by the SEC Under the Investment Advisers Act of 1940

In this edition of SteelBridge Insights, the SteelBridge team explores the new rules and amendments recently issued by the SEC under the Investment Advisers Act of 1940, focusing on their implications for private fund advisers’ reporting requirements, disclosures, and activities. These changes will have a substantial burden on advisers in terms of compliance and introduce significant limitations on established practices of both registered and unregistered advisers. SteelBridge is available as a partner to advisers as they navigate this new world of complex and time-consuming compliance requirements in the investment advisory industry.