For the first time in more than 50 years, the U.S. Securities and Exchange Commission (SEC) is updating its rules on investment fund valuation practices The SEC voted to adopt new rules that establish ...

The volatility experienced by financial markets in 2020 demonstrated how firms’ approaches to valuation needed to be re-assessed, as many firms struggled to complete asset pricing within time ...

The efforts by global regulators, and the banks they oversee, to stem the credit crisis increasingly resemble a tug-of-war between both sides. At issue are the mark-to-market accounting rules ...

The SEC staff recently announced the withdrawal or modification of certain staff guidance and no-action letters (“Staff Statements”) in connection with the compliance dates of Rule 2a-5 under the ...