Valuation of Illiquid Assets in Retail Alts Vehicles
Emerging risks to advisers entering the retail illiquid alts market and approaches to mitigate illiquids valuation risk.
September 03, 2026
Advisers Charged with Insufficient Valuation Policies
The SEC has charged two private fund advisers with insufficient valuation policies and procedures relating to investments of private funds they managed.
June 21, 2023
Tags: Private Funds, Valuation
SEC Settles Charges Against Audit Firm, Partner for Private Fund Valuation Failures
SEC settles enforcement action with audit firm and partner for valuation failures in audit of private funds.
April 12, 2023
Tags: Private Funds, SEC Enforcement, Valuation
SEC Marketing Rule Continues To Be Top Compliance Concern, Survey Shows
The 2022 Investment Management Compliance Testing Survey identified advertising/marketing, cybersecurity, and climate change/ESG as the top concerns for compliance officers.
June 30, 2022
Tags: Climate, Compliance Testing, Conflicts of Interest, Cybersecurity, Digital Assets, ESG, Fees and Expenses, Marketing Rule, Private Funds, Research, Survey, Valuation
Advisers Charged with Valuation, Compliance, Oversight Failures
SEC fines fund adviser and sub-adviser in connection with overvaluation of fund assets, oversight, compliance failures.
June 27, 2022
Tags: Mutual Funds, SEC Enforcement, Valuation
This article discusses the importance of valuation of security positions held in client accounts.
February 22, 2022
Tags: Valuation
Adviser, Principal Fined for Fund Management, Proxy, Valuation Issues
The SEC has fined a New Jersey-based registered investment adviser and its principal in connection with the adviser’s management of a mutual fund.
December 10, 2021
Tags: Compliance, Mutual Funds, SEC Enforcement, Valuation
The Chief Accountant of the SEC’s Division of Investment Management has issued a “Dear CFO Letter” to assist funds, advisers, and their independent public accountants “in addressing certain accounting, auditing, financial reporting, or other related disclosure matters.”
May 04, 2021
Tags: Custody, Derivatives, Mutual Funds, SEC Investment Management, Valuation
SEC Investment Management Seeks Input on Cross Trading Rule Amendments
The SEC’s Division of Investment Management staff is considering amending Investment Company Act Cross Trading Rule 17a-7 and is requesting recommendations.
March 24, 2021
Tags: Elad Roisman, Fair Value, Investment Company Act, Valuation
The SEC has approved an order from an alternative registered investment company to suspend redemptions due to the fund’s inability to value swaps in the fund’s portfolio.
March 01, 2021
Tags: CPO, Mutual Funds, Registered Funds, Valuation