SEC: Performance fee thresholds finalized; residence exclusion comment period ends
The SEC adjusted for inflation the asset thresholds that must be met before investment advisers are allowed to…
The SEC adjusted for inflation the asset thresholds that must be met before investment advisers are allowed to charge performance fees, as required by Dodd-Frank Act. The commission raised the asset amount that clients must have under management with an adviser to $1 million, from $750,000. The mini
Learn more about reprints and licensing for this article.
