In April, I reported on SB 54 (Skinner), a bill that would have required institutional Investors, securities and real estate brokers, and others to report on the diversity status of "founding teams". At the time, I criticized the bill as being "so...
Nonsensical Bill Requiring Founding Team Diversity Reports Advances
Posted on July 28, 2023
California Bill Would Require Some Advisers To Venture Capital Firms To File Diversity Reports, But What About Preemption?
Posted on April 28, 2023
As I discussed in this post from earlier this month, SB 54 would have required institutional investors, securities and real estate brokers, and others to report diversity status of startup founding teams. The bill has since been substantially...
Does A Political Yard Sign Really Violate The Investment Advisers Act?
Posted on June 15, 2017
"Congress shall make no law . . . abridging the freedom of speech . . . ."
More On Real Estate Funds And The Investment Advisers Act
Posted on May 09, 2017
In a previous post, I began to delve into the question of what is a "real estate fund". See SEC Staff Reports On “Real Estate Funds”, But What Exactly Are They? As noted in that post, a "real estate fund" as defined in Form PF cannot be a company...
