On September 30, 2025, the staff of the SEC’s Division of Investment Management issued a no-action letter permitting registered investment advisers (RIAs) and registered investment companies, ...

Rule 206(4)-2 of the Investment Advisers Act of 1940, as amended (the “Advisers Act”) requires investment advisers registered under the Advisers Act (“Registered Advisers”) with custody of client ...

Publicly traded corporations are required to publish quarterly balance sheets that allow shareholders to compare a company’s assets with its liabilities. It’s also a good practice for private ...

There’s no universal safe or danger level. Ideal current ratios vary by industry. A current ratio of 1.0 means the company has $1 in current assets for every $1 in current liabilities. A ratio below 1 ...