Investment Fund Law Blog
SEC Release No. IA-6961 (issued April 28, 2026, attached) adjusts the “qualified client” dollar thresholds under Rule 205-3 of the Investment Advisers Act of 1940 for inflation. Effective June 29, 2026, the new thresholds increase to $1,400,000 for assets-under-management and $2,700,000 for net worth.
Key Details of IA-6961