First Formal Pay-To-Play Exemption Request
By EsqSocial Corporation 18/11/13
In 2011, so-called “pay-to-play” prohibitions under the Investment Advisers Act Rule 206(4)-5 (the Rule) went into effect. A recent U.S. Securities and Exchange Commission (SEC) exemptive order application addresses one instance in which an...
By: Pepper Hamilton LLP