SEC corrects 10% AUM capital rule to 0.1% after industry pushback

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 10% AUM capital rule to 0.1% after industry pushback appeared first on Nairametrics.