SEC staff issues new FAQs on the Marketing Rule, providing investment advisers with flexibility and clarity
By EsqSocial Corporation 14/04/25
On March 19, 2025, the Securities and Exchange Commission’s (SEC) Division of Investment Management staff (Staff) issued two new Frequently Asked Questions (FAQs) focused on Rule 206(4)-1 under the Investment Advisers Act of 1940, as amended (Marketing Rule). The FAQs focus on two specific areas: (1) the display of the gross performance of an extract in an advertisement without including corresponding net performance of the extract; and (2) the presentation in an advertisement of one or more...
By: Eversheds Sutherland (US) LLP