Investment Adviser Regulation: A Step-by-Step Guide to Compliance and the Law (Third Edition) leads practitioners through statutory, SEC, and state standards impacting investment advisers, while giving advice on the practical aspects of building a practice. This regularly updated treatise is an essential resource for investment advisers, securities attorneys, compliance personnel, and federal and state regulators, and a useful reference for today’s investors. 

Highlights of the recent update include:  

• Chapter 61, Valuation Issues Under the Investment Advisers Act, provides new coverage of discussions such as the SEC’s enforcement actions regarding investment adviser valuation cases. Updates on use of a pricing or valuation committee are also included (Section 61:4 and 61:7) 

• Chapter 63, Regulation of Digital Advisers, covers Investment Advisers Act Rule 203A-2(e), which includes an exemption allowing advisers which provide advisory services via the internet, or any other mobile application or platform, to register with the SEC (“Internet Adviser Exemption”) eve if they do not have enough assets qualify for federal registration (Section 63:4.1) 

• Chapter 64, Blockchain and Digital Assets, is broadly updated, featuring coverage of recent regulatory developments covering digital asset securities and commodities. It also includes the recently signed Guiding and Establishing National Innovation for U.S. Stablecoins Act (“GENIUS” Act). (Sections 64:6.1[B][12], 64:6.1[B][13], 64:6.2[A][5], 64:6.1[B][7] and 64:7.3[A]) 

• Chapter 66, Big Data and Artificial Intelligence: Legal and Compliance Considerations for Investment Managers, examines the developing regulatory views on AI, such as the current administration’s AI action plan, the SEC’s guidance, the EU AI Act, state AI laws, and voluntary guidance from the National Institute of Standards and Technology and the International Organization for Standardization to help organizations manage the risks associated with AI Usage. This chapter also provides a new discussion reviewing the ways in which investment managers can leverage the advantages of AI use while minimizing the risks (Section 66:5.5 and 66:6.8) 

• Updates to the Table of Authorities and Index 

Order a print copy today. 

Corporate Valuation in Mergers and Acquisitions, by the incomparable Sam Thompson, provides foundational perspectives regarding legal, finance, accounting, and economic aspects of valuation in merger and acquisition (M&A) transactions. This newly supplemented treatise (December 2025) serves as a guide for lawyers examining the roles of investment bankers, valuation experts, and the courts in valuing targets.  

Highlights of this second release include: 

• A new chapter, Chapter 21, A Brief Introduction to Cryptocurrency and the Valuation of Cryptocurrency in M&A and Related Transactions. 

• A new chapter, Chapter 22, A Brief Introduction to the Impact of Artificial Intelligence (AI) in Valuation of Companies Engaged in M&A, introduces valuation-related AI and its emerging issues. 

• An analysis of the newly issued “International Valuation Standards Council’s 2025, International Valuation Standards” (Section 1:13)  

• An updated section introducing “Professor Damodaran’s Discussion of the Hurdle Rate in a February 2025 ‘Musings on Markets’ Post” (Section 11:9.5) 

• A new section titled “A Brief Introduction to the Impact of Tariffs on Valuation” (Section 20:11) 

Order a print copy today.