To embed, copy and paste the code into your website or blog: On December 1, 2020, New York Attorney General Letitia James announced updates to the New York state securities laws. Among them are changes to the state’s blue sky filings requirements, which will be of particular interest to funds that rely on Rule 506 under the Securities Act of 1933, the most commonly relied upon exemption for hedge and private equity funds. The new rules are effective as of December 2, 2020. Prior to these rule changes, New York required issuers to file a state-specific “Form 99,” along with copies of the Form D and Consent to Service of Process, with the Investor Protection Bureau of the Attorney General’s office