On June 14, 2016, the Securities and Exchange Commission (the “SEC”) issued an order increasing the net worth threshold for “qualified clients” as defined in Rule 205-3 under the Investment Advisers Act of 1940 (the “Advisers Act”).
On June 14, 2016, the Securities and Exchange Commission (the “SEC”) issued an order increasing the net worth threshold for “qualified clients” as defined in Rule 205-3 under the Investment Advisers Act of 1940 (the “Advisers Act”).