Browsing: accredited investor

Posts Tagged ‘ accredited investor ’

A Letter to the SEC’s New Chairman

May 6th, 2021 | Filed under: State of the Industry, Access to Alternatives, Featured Post, Newly Added

Below is an excerpt from CAIA Association’s open letter welcoming the Honorable Gary Gensler as New SEC Chairman. Dear Chairman Gensler, On behalf of the Chartered Alternative Investment Analyst Association (CAIA), we congratulate and welcome you as the newly confirmed Chairman of the SEC. CAIA Association is a global professionalRead More


What About Beta? | The October Effect: A Proxy for Patience

Oct 5th, 2020 | Filed under: Newly Added, What About Beta?

By Bill Kelly, CAIA Association CEO Benjamin Graham’s mythical Mr. Market remains alive and well. He continues to always be available, but is often irrational, emotional, and inefficient. These same characteristics embody why he could be looked upon as the de-facto patron saint for the month of October where theRead More


Regulatory Bread and Circuses 

Aug 31st, 2020 | Filed under: State of the Industry, Access to Alternatives, Newly Added, Asset Allocation, What About Beta?

By Bill Kelly, CAIA Association CEO Pictured above is the bust and the borrowed line of Juvenal, a Roman poet from the late first century. His cynical reference to bread and circuses was simply to say: feed and entertain the masses and they will forget what they wanted in the first place. The announcement this week from the SEC regarding their final ruling on amendments to the definition ofRead More


The All-Inclusive Buffet

May 21st, 2018 | Filed under: Newly Added, What About Beta?

By: Bill Kelly, CEO, CAIA Association We have all seen it. The Sunday brunch, the Caribbean vacation, or the cruise to nowhere or everywhere that touts the all-inclusive offer when it comes to food and drink. The behavioral aspects of these arrangements are common and predictable. More choice often yields toRead More


The SEC Staff Proposal on ‘Accredited Investor’: Index Thresholds for Inflation, Create Grandfathers

Jan 7th, 2016 | Filed under: State of the Industry, Access to Alternatives, Newly Added

Indexation would of course tend to contract the number of accredited investors. But other staff recommendations would have the opposite consequence, expanding the number, especially by allowing investors to qualify “based on other measures of sophistication” such as professional credentials, or the successful completion of an examination. Read More