Securities and Exchange Commission August 9, 2007 – Federal Register Recent Federal Regulation Documents

Definition of the Term Significant Deficiency
Document Number: E7-15556
Type: Rule
Date: 2007-08-09
Agency: Securities and Exchange Commission, Agencies and Commissions
We are defining the term ``significant deficiency'' for purposes of the Commission's rules implementing Section 302 and Section 404 of the Sarbanes-Oxley Act of 2002.
Sentinel Variable Products Trust, et al.; Notice of Application
Document Number: E7-15550
Type: Notice
Date: 2007-08-09
Agency: Securities and Exchange Commission, Agencies and Commissions
Prohibition of Fraud by Advisers to Certain Pooled Investment Vehicles
Document Number: E7-15531
Type: Rule
Date: 2007-08-09
Agency: Securities and Exchange Commission, Agencies and Commissions
The Securities and Exchange Commission is adopting a new rule that prohibits advisers to pooled investment vehicles from making false or misleading statements to, or otherwise defrauding, investors or prospective investors in those pooled vehicles. This rule is designed to clarify, in light of a recent court opinion, the Commission's ability to bring enforcement actions under the Investment Advisers Act of 1940 against investment advisers who defraud investors or prospective investors in a hedge fund or other pooled investment vehicle.