The Securities and Exchange Commission (SEC) staff issued updated FAQs regarding Rule 35d-1 under the Investment Company Act of 1940 (the “Names Rule”) on January 8, 2025. These updates reflect amendments that were adopted in 2023 and replace certain earlier guidance from 2001. The Names Rule requires investment funds to ensure their fund names accurately
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News and Views on Securities Regulation and Capital Formation
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The SEC’s Crypto Task Force: Mapping the Road Ahead
In a statement entitled “The Journey Begins,” on February 4, 2025, US Securities and Exchange Commission (“SEC” or the “Commission”) Commissioner Hester Peirce provided new details regarding her thoughts on the agency’s evolving position on crypto. Commissioner Peirce is leading the SEC’s new Crypto Task Force (the “Task Force”), which she described as “want[ing] to…
ICI Urges SEC to Delay Short-Sell Reporting Rules Amid Compliance Uncertainty
The Investment Company Institute (ICI) has asked the Securities and Exchange Commission (SEC) in a comment letter to delay enforcement of its new short sale disclosure rules (the “Short Sale Final Rules”) until additional compliance guidance is provided. The Short Sale Final Rules, finalized in October 2023, require certain institutional investment managers to report…
SEC and CFTC Extend Compliance Deadline for Form PF Amendments
The Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have extended the compliance deadline for the amendments to Form PF, moving it from March 12, 2025 to June 12, 2025.
The SEC adopted amendments to Form PF, the confidential reporting form for certain SEC-registered investment advisers to private funds, including those that…
SEC Advisory Committee to Discuss Capital Challenges for Small Businesses
The Securities and Exchange Commission’s (SEC) Small Business Capital Formation Advisory Committee will meet on February 25, 2025 to discuss capital-raising challenges for emerging fund managers and smaller public companies the securities of which are not listed on a national securities exchange. The meeting, available via webcast on SEC.gov, will begin with an overview of the…
Part II – Insurance Company Investment – Rated Note Feeder Structures – 2025 Update
Webinar | February 11, 202412:00 p.m. – 1:30 p.m. ESTRegister here.
This webinar will provide an overview and update on use of rated note feeders to optimize risk based capital treatment for insurance company investors.
Fintech Funding Trends 2024: Capital Raising Slows, Deal Sizes Grow

According to CB Insights’ State of Fintech 2024 Report (the “Report”), global fintech companies raised $33.7 billion in private placements in 2024, marking a 20% drop year-over-year. Deal volume also declined, with 3,580 offerings completed—a 17% decline from the prior year. However, this annual funding decline was the smallest in three years, signaling potential stabilization…
REVERSEinquiries Workshop: Proprietary Indices, US Considerations, and European Considerations
Webinar: February 25, 20259:00 – 10:00 a.m. ESTRegister here.
What makes an index an index? We will discuss the following, among other things during this webinar:
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SEC Announces Appointment of Mark Uyeda as Acting Chair and Launch of Crypto Task Force
The Securities and Exchange Commission (SEC) announced that Mark T. Uyeda has been appointed Acting Chair. The Acting Chair has served as an SEC Commissioner since June 2022 and brings extensive experience to the role, having held various leadership positions within the SEC, the U.S. Department of the Treasury and the U.S. Department of Labor. …
State of Play: Delaware’s Corporate Franchise Business
Seminar: February 24, 20256:00 – 8:00 p.m.Register here.
Join the leaders of prominent university corporate governance centers for a discussion on one of the hottest topics in the field: Delaware’s continued leadership in the corporate chartering business.
Panelists
- Lawrence A. Cunningham, Director, John L. Weinberg Center for Corporate Governance, University of Delaware, Alfred
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