SEC Actions: Fund Investment “Mispricing” & “Mismarking” Cases 2022
Overview: The SEC’s Division of Examinations (“DOE”), formerly known as the Office of Compliance Inspections and Examinations (“OCIE”), has continued to increase focus on valuation practices for investment advisor and investment company examinations. As discussed in recent Risk Alerts posted by DOE, best practices and procedures that can help meet greater SEC regulation and scrutiny […]
SEC Discusses Valuation in Proposed Rules 2022
On February 9, 2022, the Securities and Exchange Commission (“SEC”) voted to propose new rules and amendments under the Investment Advisers Act of 1940 (Advisers Act) to enhance the regulation of private fund advisers and to protect private fund investors by increasing transparency, competition, and efficiency in the $18-trillion marketplace.(1) The proposed rules would increase […]
Quarterly Industry Report Updates are Available for Q4 2021
Houlihan Capital provides Quarterly Updates on the following industries as of December 31, 2021. Information includes valuation metrics, performance data and M&A activity. Click on the following links below to access reports for the following industries: Aerospace, Defense & Government Asset Management Banking Building Products Business Services Cannabis Chemicals Consumer Products Internet Retail Media and […]
The SEC’s Division of Examinations Discusses Valuation in October 2021 Risk Alert
The SEC’s Division of Examinations (the “Division” – formerly known as OCIE) has issued a new Risk Alert (the “Alert”)(1) regarding Observations from Examinations in the Registered Investment Company Initiatives (“RIC Initiatives” or (“Initiatives”)(2). In November 2018, the Division announced the Initiatives which would assess industry practices and regulatory compliance in certain areas that may […]
Quarterly Industry Reports Industry Updates are Available for Q3 2021
Houlihan Capital provides Quarterly Updates on the following industries as of September 30, 2021. Information includes valuation metrics, performance data and M&A activity. Click on the following links below to access reports for the following industries: Aerospace, Defense & Government Asset Management Banking Building Products Business Services Cannabis Chemicals Consumer Products Internet Retail Media and […]