Insights & Resources

The SEC staff report may lead to a revised definition which could create challenges for private funds’ investor qualification procedures and compliance program.

Find out how health care providers may be required to repay PRF funds for failure to comply with terms of funding or findings from an audit of the awarded funds.

The Employee Retention Credit is drawing IRS scrutiny and rejected claims partly in response to numerous misleading marketing campaigns from ERC promoters.

The SEC’s 2024 examination priorities which will focus on key risks for private funds and exam priorities for the upcoming year.

The SEC has made the first material change in beneficial owner reporting in almost 50 years with updates to Regulation 13D-G.

The IRS has announced a moratorium on the processing of new ERC claims. Improper claims and concerns from tax professionals are among the reasons for the IRS action.

Employee Retention Credit (ERC) scams attempt to lure businesses into applying for the ERC when they do not qualify, even under its expanded eligibility.

Many third-party promoters of the Employee Retention Credit (ERC) ignore a crucial qualifier within the partial shut-down safe harbor: The “more than nominal” test.

The SEC adopted a final rule under the Investment Advisers Act of 1940 that will greatly increase the accounting and audit requirements for private fund advisors.

The SEC announced proposed rules to broaden the application of the current investment adviser custody rule beyond client funds and securities.

The SEC recently announced that, in its fiscal year 2022, 760 enforcement actions were filed resulting in a record $6.4 billion in money ordered from SEC actions.