Tuesday, July 10, 2007
SEC, Open Meeting Agenda, Wednesday, July 11, 2007
Item 1: Prohibition of fraud by advisers to certain pooled investment vehicles
Office: Division of Investment Management
Staff: Robert Plaze, David Blass, Daniel Kahl, and Vivien Liu
The Commission will consider whether to adopt a new antifraud rule under the Investment Advisers Act of 1940. The new rule would prohibit advisers to certain pooled investment vehicles from making false or misleading statements to, or otherwise defrauding, investors or prospective investors in those pooled vehicles.