SEC Proposes New Rule and Record-Keeping Requirements for Outsourcing by Registered Investment Advisers
Engaging service providers and outsourcing various functions is a normal part of running an effective business. From the newest emerging managers to the most established ones, venture capital firms and private fund shops regularly rely on service providers to fill various functions, including valuation, accounting, anti-money laundering and “know your […]
Last-Minute Checklist for Private Fund Managers Complying With Marketing Rule
By now, registered investment advisers (RIAs) know that this is their last week to ensure they come into compliance with the “new” marketing rule under the Investment Advisers Act of 1940. While the Securities and Exchange Commission (SEC) adopted amendments to Rule 206(4)-1 (Marketing Rule) on December 22, 2020, with […]
Venture Capital Advisers Not Off-Limits for SEC Scrutiny
In the past six months, the Securities and Exchange Commission has settled a number of enforcement actions against venture capital advisers who are exempt reporting advisers (ERAs) and not registered investment advisers (RIAs). In the years since the implementation of Dodd-Frank Act rules in 2011 – when large private equity […]
Q1 2022 Quarterly VC Update: Matt Sacks On The State Of Venture Capital Investing
In conjunction with our Q1 Venture Financing Report, Rick Ginsberg sat down with Matt Sacks of Lightbank to get his take on the state of venture capital investing. Key insights from Matt Sacks On the future of the Midwest’s innovation ecosystem: “Over the past decade, the size of the venture capital industry has expanded […]
Q4 2021 Quarterly VC Update: Frank Rotman On The State Of Venture Capital Investing
In conjunction with our Q4 Venture Financing Report, Derek Colla sat down with Frank Rotman of QED Investors to get his take on the state of venture capital investing. Key Insights On various sub-segments in Web3: “There are commonalities within the sub-segments due to a shared ethos around concepts like decentralization and uncensorability. But […]