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AnalysisAlternativesThe AllocationThe Alternatives Week

SEC proposes performance fees for regulated fund advisers

It also seeks comment on a FINRA exam as an accredited-investor route; fund selectors can submit comments before any change.

By The Allocation desk2 sources13 min read

The SEC this week proposed allowing performance fees for regulated fund advisers, a change the agency says is aimed at widening retail access to private-market strategies.

The proposal also seeks comment on a FINRA exam as an accredited-investor route.

The SEC is accepting comment on both the performance-fee change and the exam route, so fund selectors can submit comments before any client qualification standard changes.

The agency set a Nov. 19 virtual compliance seminar for advisers and funds; no advance registration is required, and the webcast link will be posted on SEC.gov the morning of Nov. 19.

Reported by The Allocation desk from Alternatives Week coverage and Alternatives Week tracked activity. Published . Corrections

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