Month: February 2026
What Funds and Other Institutional Investors Need to Know About Section 16 Reporting for Foreign Private Issuers
In December 2025, the Holding Foreign Insiders Accountable Act (HFIAA) was signed into law, subjecting directors and officers of foreign private issuers (FPIs) to the insider reporting requirements under Section 16(a) of the US Securities Exchange Act of 1934 (Exchange Act). For years, directors and officers of FPIs with US-registered […]
Update on California’s Venture Capital Companies Diversity Reporting Program
California’s Fair Investment Practices by Venture Capital Companies Law (FIPVCC), commonly referred to as SB 54, as amended by SB 164, requires certain venture capital companies (including venture capital funds) with a California nexus to register with the Department of Financial Protection and Innovation (DFPI), and to collect and annually […]