August Regulatory Updates

From our friends at SEC, the August regulatory updates you need to know about:

  • More Flack on WhatsApp, Hypothetical Performance SmackDown, A Timely Warning on the Pay-to-Play Rule, and Updates to Qualifying Venture Capital Fund Exemption
  • 26 More Firms Slammed with $390 Million in Fines for Failure to Retain Texts and Chats
  • Adviser Ordered to Stop Using Hypothetical Performance on Public Website
  • Adviser Pays $95,000 Fine for Pay-to-Play Foot Fault in a Timely Reminder this Election Season
  • Venture Capital Funds Adjustment for Inflation

Read all about them here.