The inflation adjustments that increased the assets-under-management and net worth tests in the definition of “qualified client” under the Advisers Act became effective as of August 16, 2021.
The SEC has published an order that makes an inflation adjustment to the assets-under-management and net worth tests in the definition of “qualified client” under the Advisers Act.
The SEC has published a notice that it intends to make an inflation adjustment to the assets-under-management and net worth tests in the definition of “qualified client” under the Advisers Act.
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