{"id":1221,"date":"2022-02-16T23:04:13","date_gmt":"2022-02-16T23:04:13","guid":{"rendered":"http:\/\/localhost\/?p=1221"},"modified":"2022-02-16T23:04:13","modified_gmt":"2022-02-16T23:04:13","slug":"sec-frowns-on-private-equity-fee-offset-calculations-hedge-clauses-and-backtested-performance-lessons-learned-and-worth-reading-for-february-2022","status":"publish","type":"post","link":"https:\/\/bdia.pli.edu\/index.php\/2022\/02\/16\/sec-frowns-on-private-equity-fee-offset-calculations-hedge-clauses-and-backtested-performance-lessons-learned-and-worth-reading-for-february-2022\/","title":{"rendered":"SEC Frowns on Private Equity Fee Offset Calculations, Hedge Clauses, and Backtested Performance: Lessons Learned and Worth Reading for February 2022"},"content":{"rendered":"<p><strong>Lessons Learned:<\/strong><\/p>\n<ul>\n<li><a href=\"https:\/\/www.sec.gov\/news\/press-release\/2021-266\">SEC Rules that Investors Win in Battle over Inconsistent Documentation<\/a><\/li>\n<li><a href=\"https:\/\/www.sec.gov\/litigation\/admin\/2022\/ia-5945.pdf\">No Harm but Still Foul &#8212; SEC Nit Picks Backtested Performance<\/a><\/li>\n<li><a href=\"https:\/\/www.sec.gov\/litigation\/admin\/2022\/ia-5943.pdf\">SEC Takes Hard Stance on Hedge Clauses Used With Retail Clients<\/a><\/li>\n<\/ul>\n<p><strong>Worth Reading, Watching, and Hearing<br \/>\n<\/strong><\/p>\n<ul>\n<li><a href=\"https:\/\/www.foreside.com\/blog\/cbdc-whitepaper\/\">Federal Reserve Board Publishes CBDC Discussion Paper<\/a><\/li>\n<li><a href=\"https:\/\/www.sec.gov\/news\/statement\/peirce-form-pf-20220122\">Statement on Proposed Amendments to Form PF to Require Current Reporting and Amend Reporting Requirements for Large Private Equity Advisors and Large Liquidity Fund Advisers<\/a><\/li>\n<li><a href=\"https:\/\/www.sec.gov\/news\/speech\/gensler-cybersecurity-and-securities-laws-20220124\">Cybersecurity and Securities Laws<\/a><\/li>\n<li><\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.foreside.com\/blog\/regulatory-update-mid-february-2022\/\">Read more here.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lessons Learned: SEC Rules that Investors Win in Battle over Inconsistent Documentation No Harm but Still Foul &#8212; SEC Nit Picks Backtested Performance SEC Takes Hard Stance on Hedge Clauses Used With Retail Clients Worth Reading, Watching, and Hearing Federal Reserve Board Publishes CBDC Discussion Paper Statement on Proposed Amendments to Form PF to Require &hellip; <a href=\"https:\/\/bdia.pli.edu\/index.php\/2022\/02\/16\/sec-frowns-on-private-equity-fee-offset-calculations-hedge-clauses-and-backtested-performance-lessons-learned-and-worth-reading-for-february-2022\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">SEC Frowns on Private Equity Fee Offset Calculations, Hedge Clauses, and Backtested Performance: Lessons Learned and Worth Reading for February 2022<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":90,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[23,24,21,22],"tags":[],"class_list":["post-1221","post","type-post","status-publish","format-standard","hentry","category-compliance","category-enforcement","category-regulatory","category-standard-of-care"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.8 - aioseo.com -->\n\t<meta name=\"description\" content=\"Lessons Learned: SEC Rules that Investors Win in Battle over Inconsistent Documentation No Harm but Still Foul -- SEC Nit Picks Backtested Performance SEC Takes Hard Stance on Hedge Clauses Used With Retail Clients Worth Reading, Watching, and Hearing Federal Reserve Board Publishes CBDC 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17:49:34","updated":"2025-10-11 03:56:25","seo_analyzer_scan_date":null},"aioseo_breadcrumb":"<div class=\"aioseo-breadcrumbs\"><span class=\"aioseo-breadcrumb\">\n\t\t\t<a href=\"https:\/\/bdia.pli.edu\" title=\"Home\">Home<\/a>\n\t\t<\/span><span class=\"aioseo-breadcrumb-separator\">&raquo;<\/span><span class=\"aioseo-breadcrumb\">\n\t\t\t<a href=\"https:\/\/bdia.pli.edu\/index.php\/category\/compliance\/\" title=\"Compliance\">Compliance<\/a>\n\t\t<\/span><span class=\"aioseo-breadcrumb-separator\">&raquo;<\/span><span class=\"aioseo-breadcrumb\">\n\t\t\tSEC Frowns on Private Equity Fee Offset Calculations, Hedge Clauses, and Backtested Performance: Lessons Learned and Worth Reading for February 2022\n\t\t<\/span><\/div>","aioseo_breadcrumb_json":[{"label":"Home","link":"https:\/\/bdia.pli.edu"},{"label":"Compliance","link":"https:\/\/bdia.pli.edu\/index.php\/category\/compliance\/"},{"label":"SEC Frowns on Private Equity Fee Offset Calculations, Hedge Clauses, and Backtested 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