US SEC updates definitions of small entity for investment companies, advisers
( November 4, 2026, 19:47 GMT | Official Statement) -- MLex Summary: The US Securities and Exchange Commission has adopted amendments to the rules that define which registered investment companies, investment advisers and business development companies qualify as small entities for purposes of the Regulatory Flexibility Act. “Updating the SEC’s definition of small entities for investment companies and investment advisers – which has not been done in nearly 30 years – is an important step to eliminate unnecessary regulatory burdens and modernize our rulebook,” SEC Chairman Paul S. Atkins said.Statement follows in full. Also see attached file. ...
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