United States: Fund Management/ REITs

The June 2026 pooling of Small Business Investment Company (SBIC) standard debentures was priced at 4.748%. This pricing of SBIC standard debentures reflected a slight increase from the rate set in March 2026 of 4.626%.

European insurance regulators are proposing significant reductions in risk weights for securitisation investments, potentially opening new markets for US-style rated note transactions.

On May 29, 2026, the Office of Management and Budget (OMB) published a proposed rule (Regulation for Federal Financial Assistance, 91 Fed. Reg. 32,198 (May 29, 2026)), that would significantly revise 2 C.F.R. Part 200...

The SEC rescinded Rule 202.5(e), which had codified the SEC rule requiring settling parties to agree that they would not publicly deny the SEC’s allegations. The change brings the SEC in line with the majority of federal agencies, including the CFTC which announced a similar change in early June. New language reflecting the change is already appearing in SEC orders.

The SEC has announced inflation-adjusted increases to the dollar-based thresholds defining a "qualified client" under Rule 205-3, effective June 29, 2026.

The Investment Company Institute, the trade association representing more than $45 trillion in assets across mutual funds, ETFs, and other fund structures, has filed a comment letter with the United States Treasury...

The Securities and Exchange Commission (SEC) has raised the dollar thresholds for “qualified client” status under Rule 205-3 of the Investment Advisers Act of 1940 (Advisers Act).

Year-end reporting in private equity directly affects valuation integrity, investor confidence, and transaction readiness. This comprehensive guide examines how sponsors, fund CFOs, and portfolio company leaders can strengthen financial controls, address technical accounting complexities, and build scalable reporting infrastructure. Early focus on these critical areas reduces reporting friction and positions organizations for smoother audits and enhanced limited partner communications.

The federal banking agencies have proposed on May 19, 2026 the most significant overhaul of the CAMELS supervisory rating system in nearly 30 years, signaling a major philosophical shift in bank supervision...