FNEX News

RIA Compliance Is an Ongoing Regulatory Mandate For private fund managers subject to registered investment adviser requirements, becoming an RIA is not simply a registration exercise. It creates an ongoing compliance mandate. Rule 206(4)-7 under the Investment Advisers Act requires …

Not every private fund automatically needs its own Registered Investment Adviser (RIA). However, a private fund manager, sponsor, or other person providing investment advice may be required to register as an investment adviser unless an exemption applies. Whether registration is …

Private fund managers may be able to work with an established Registered Investment Adviser to provide applicable investment advisory and compliance infrastructure rather than building every function internally. The appropriate structure depends on the fund, manager, activities, and applicable regulatory …

French artificial intelligence company Mistral has raised €3 billion in Series D financing at a post-money valuation exceeding €21 billion, establishing a new funding benchmark for a European technology company. Samsung Electronics led the round, with the EQT-managed Scaleup Europe …

Financial markets continue to move faster and become more digital, automated, and complex. With that evolution comes a growing challenge for investment banks: how to maintain a high level of effective oversight as the amount of information surrounding financial transactions …

October marks the beginning of an important year-end planning period at our firm. Each fall, we review client accounts to confirm that required minimum distributions (RMDs) have been or are scheduled to be completed before the applicable deadline. We also …

Last week the SEC approved new FINRA Rule 3290, a major overhaul of how FINRA regulates registered representatives’ outside activities. The new rule combines the existing outside business activity and private securities transaction rules into one rule and shifts towards …

Oil and artificial intelligence seem to belong to different economic eras: one is a 19th-century commodity, the other the defining technology of the 21st century. But energy markets and compute markets are more entangled than they appear, and a sustained …

Private markets entered 2026 with renewed momentum. Capital is flowing back into venture funds, large private companies continue to attract significant financing, and secondary markets are playing an increasingly important role in providing liquidity and access. But beneath the headline …

AI chip startup SambaNova is strongly considering a U.S. IPO in 2027 after raising $1 billion at an $11 billion valuation, as investor demand for artificial intelligence infrastructure continues to grow. SambaNova CEO and co-founder Rodrigo Liang discussed the potential …

Strava, the fitness tracking and social networking platform, has reportedly confidentially filed for an initial public offering, potentially setting the stage for another major private technology company to enter the public markets. According to reporting from Reuters and The Information, …

Selling a business is rarely as simple as finding a buyer and shaking hands on a price. For most owners, selling a company is a once-in-a-career event. The buyers on the other side of the table, whether private equity firms …