On May 12, the SEC Division of Investment Management staff (IM staff) issued a statement regarding registered funds’ investments in Bitcoin futures (Statement). The Statement acknowledges the development of the Bitcoin futures market since the IM staff began to consider issues surrounding potential cryptocurrency-related investments by registered funds in 2018. In the Statement, the IM staff referred to its January 2018  letter to the registered fund industry in which it identified several areas of concern about cryptocurrency-related investments, including valuation, liquidity, custody,...

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Real estate investment deserves its reputation as a lucrative source of income, but investors must always be aware of the constant changes to the laws on taxes related to real estate properties, since these rules change frequently, with the numbers and percentages changing from one year to the next. No two years are alike as far as real estate investing goes, but this year, the Biden administration has proposed major changes to sections of the Internal Revenue Code that...

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The traditional model of a family office setting up in a bricks and mortar space and hiring the right professionals to work and subsequently assemble with family members several times of year, where they would plan and talk strategy, are but a distant memory.  For many this movement to an online world has been uncomfortable, but others, especially the newest generation of family members, have embraced it whole heartedly. Change is never easy and moving rapidly to an online world meant that...

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