On May 3, 2023, the Securities and Exchange Commission (the SEC) adopted, on a 3-2 vote, 1 amendments to Form PF requiring certain current event reporting for Large Hedge Fund Advisers (as defined ...

On July 23, 2014, the Securities and Exchange Commission (“SEC”) adopted final rules governing money market funds in a release adopting amendment to Rule 2a-7 under the Investment Company Act of 1940 ...

The tax firm KPMG LLP formed an alliance with Axiom Software Laboratories Inc. to address new regulatory requirements facing investment advisers, such as Form PF. In January, the Securities and ...

The Employees’ Provident Fund Organisation (EPFO) has updated Form 13 to make it easier for its members to transfer their Provident Fund (PF) accounts when switching jobs. The updated version of Form ...

Benjamin Schiffrin, Director of Securities Policy at Better Markets, a non-profit, non-partisan, and independent organization founded in the wake of the 2008 financial crisis to promote the public ...

The latest regulatory requirement for buyout shops appears not to be as onerous as the industry had feared, lawyers who work with private equity firms told sister publication Buyouts Thursday. Smaller ...

In a major reform aimed at simplifying provident fund (PF) transfers, the Employees’ Provident Fund Organisation (EPFO) has revamped the Form 13 software functionality, a move expected to benefit over ...

According to section 192A of the Income Tax Act, Tax Deducted at Source (TDS) will be deducted if the withdrawal amount exceeds Rs 50,000 and the employment tenure is less than 5 years. To avoid TDS ...