Insights &#038; Resources

SEC Proposes Broadening Custody Rule for Investment Advisers

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

Greenhouse Gas Emissions Scope 3: Upstream and Downstream Emissions

Scope 3 emissions include the same 6 GHGs that are inventoried in Scope 1 and Scope 2 but the difference is that they appear in the product’s value stream.

SEC Sets Its Sights on Private Fund Advisers

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.

Greenhouse Gas Emissions Scope 2: Indirect Emissions From Purchased Energy

Scope 2 emissions are purchased from, and managed by, an off-site entity, such as an electric company, a localized grid or energy district.

Greenhouse Gas Emissions Scope 1: Direct Company Emissions

In our continuing series, we continue with Scope 1 emissions and take a deep dive into measuring and accounting for greenhouse gas emissions.

Is Your Business Ready to Measure and Report Its Greenhouse Gas Emissions?

Our Greenhouse Gas Series dives into the three different types of emissions used to delineate direct and indirect sources of greenhouse gas emissions.

IRS Issues Guidance on Sustainable Aviation Fuel Tax Credit

The IRS has issued guidance on new sustainable aviation fuel tax credits that take effect on January 1, 2023. The guidance, Notice 2023-06, includes the following:

SEC and CFTC Propose Reporting Changes for Hedge Funds and Other Investment Advisers to Private Funds

Updates to Form PF were designed to assess systemic risk and bolster regulatory oversight in the growing hedge fund industry. Find out more.

IRS Publishes Superfund Tax Rates

The IRS has published Superfund tax rates for 121 taxable substances subject to the tax under section 4671 of the Internal Revenue Code.

Updates on States Suspending Motor Fuels Tax

In recent months, a number of states have enacted legislation to temporarily suspend the motor fuels tax. Weaver will monitor these actions and update this post regularly.

SEC Proposes Better ESG Disclosure for Investment Funds

The SEC proposed new regulations to establish disclosure requirements for funds and advisers that market themselves as having an ESG focus.