SEC Announces Intent To Increase ‘Qualified Client’ Thresholds Under Rule 205-3

Key Takeaways - On March 27, 2026, the Securities and Exchange Commission (SEC) published a notice of intent to issue an order adjusting for inflation the dollar amount thresholds included in the “qualified client” definition in Rule 205-3 under the U.S. Investment Advisers Act of 1940, as amended (the Advisers Act).... By: Perkins Coie