SEC corrects fund managers’ AUM capital rule from 10% to 0.1%

The Securities and Exchange Commission (SEC) has clarified that fund and portfolio managers will be required to hold 0.1% of Assets Under Management (AUM) as regulatory capital and not 10% as initially stated in its January 16, 2026 circular.   The post SEC corrects fund managers’ AUM capital rule from 10% to 0.1% appeared first on Nairametrics.