SEC Fair Value Modernization Proposal for Registered Investment and Business Development Companies

We discuss how the proposed rule will impact board of director and fund management valuation responsibilities.




Topics
-What requirements are included in the new rule?
-Does the new rule only apply to boards?
-How does the new rule impact private funds?
-Is the proposed rule congruent with FASB ASC Topic 820 (Fair Value Measurements)?
-What is the impact on using pricing services?
-Will record-keeping processes need to change?
-Is there a change in who performs and is responsible for valuations?
-What testing and independence with respect to valuation is required?

Speakers
David Larsen, Managing Director, Portfolio Valuation
Ross Hostetter, Managing Director, Portfolio Valuation
Ken Joseph, Managing Director and Head of Disputes Consulting

Valuation Advisory Services,Alternative Asset Advisory,Valuation,Portfolio Valuation,Duff & Phelps,Kroll,David Larsen,Ross Hostetter,Ken Joseph,