{"abstract":"The Securities and Exchange Commission (\"Commission\") is adopting technical amendments to various rules under the Investment Advisers Act of 1940 (\"Advisers Act\") to reflect a Federal court's vacatur of new rules and rule amendments that the Commission adopted on August 23, 2023. The Commission adopted new rules designed to protect investors who directly or indirectly invest in private funds, corresponding amendments to the Advisers Act books and records rule to facilitate compliance with the new rules and assist examination staff, and additional amendments to the Advisers Act compliance rule to better enable staff to conduct examinations (together, the \"Private Fund Adviser Rules\"). The court's vacatur of the Private Fund Adviser Rules was effective as of June 5, 2024, and had the legal effect of: vacating the new rules and the reservation of a rule number in the Code of Federal Regulations (\"CFR\"); as well as vacating the amendments to the existing books and records and compliance rules such that those vacated amendments are no longer in effect. These technical amendments revise the CFR to reflect the court's vacatur of the Private Fund Adviser Rules.","action":"Final rule; technical amendments.","agencies":[{"raw_name":"SECURITIES AND EXCHANGE COMMISSION","name":"Securities and Exchange Commission","id":466,"url":"https://www.federalregister.gov/agencies/securities-and-exchange-commission","json_url":"https://www.federalregister.gov/api/v1/agencies/466","parent_id":null,"slug":"securities-and-exchange-commission"}],"body_html_url":"https://www.federalregister.gov/documents/full_text/html/2024/11/19/2024-26524.html","cfr_references":[{"chapter":null,"citation_url":null,"part":275,"title":17}],"citation":"89 FR 91252","comment_url":null,"comments_close_on":null,"correction_of":null,"corrections":["https://www.federalregister.gov/api/v1/documents/C1-2024-26524"],"dates":"Effective November 19, 2024; however, the Federal court issued its vacatur of the rule amendments June 5, 2024.","disposition_notes":null,"docket_ids":["Release No. IA-6773","File No. S7-03-22"],"dockets":[],"document_number":"2024-26524","effective_on":"2024-11-19","end_page":91253,"executive_order_notes":null,"executive_order_number":null,"explanation":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2024/11/19/2024-26524.xml","html_url":"https://www.federalregister.gov/documents/2024/11/19/2024-26524/private-fund-advisers-documentation-of-registered-investment-adviser-compliance-reviews","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/2024-26524?publication_date=2024-11-19","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2024-11-19/2024-26524/mods.xml","not_received_for_publication":null,"page_length":2,"page_views":{"count":1377,"last_updated":"2026-04-04 14:15:05 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2024-11-19/pdf/2024-26524.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2024-26524.pdf?1731937522","publication_date":"2024-11-19","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2024/11/19/2024-26524.txt","regulation_id_number_info":{},"regulation_id_numbers":[],"regulations_dot_gov_info":{"comments_count":0,"agency_id":"SEC","document_id":"SEC-2024-1650-0001","checked_regulationsdotgov_at":"2024-11-20T12:00:11Z"},"regulations_dot_gov_url":null,"significant":null,"signing_date":null,"start_page":91252,"subtype":null,"title":"Private Fund Advisers; Documentation of Registered Investment Adviser Compliance Reviews","toc_doc":"Documentation of Registered Investment Adviser Compliance Reviews","toc_subject":"Private Fund Advisers","topics":["Administrative practice and procedure","Reporting and recordkeeping requirements","Securities"],"type":"Rule","volume":89}