Responsible Retailization: What the SEC's Latest Proposals Mean for Funds and Advisers

Mutual Fund Minute is now Asset Management Minute. The new name reflects the evolving asset management landscape and our expanded focus on developments affecting both private capital and registered funds. While the podcast will explore a broader range of topics, it remains a valuable resource for registered funds, fund directors, investment advisers, and investors.

In this episode, host Nathan Greene, Sidley partner and a leading funds and regulatory lawyer, is joined by Sidley partner Cliff Cone to discuss the United States Securities and Exchange Commission’s (SEC) recent wave of regulatory proposals affecting funds and investment advisers. They explore the SEC’s focus on “responsible retailization,” including proposed changes to interval fund regulations, performance fees, and expanded retail investor access to alternative investments.

Nathan and Cliff also discuss industry reactions to the proposals, the SEC’s rulemaking process, and what funds and advisers can expect as these developments unfold.