Hedge clause
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‘No choice but to litigate’ – US private fund groups sue SEC over new disclosure rules
Private fund groups sue the SEC, arguing its new regulations impose onerous disclosure requirements on private fund advisers.
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Fintech IA is charged in first violation of SEC’s amended marketing rule
The SEC announced charges against the NY-based fintech investment adviser for using hypothetical performance metrics in advertisements that were misleading, plus misleading disclosures.