Capital Formation 10 min read

California Just Paused Its VC Diversity Reporting Law. Here's Why You Shouldn't Stop Preparing.

The DFPI suspended the FIPVCC two weeks before the April 1 deadline. The law is still on the books, and the rulemaking that follows could be harder to work around.

By Meetesh Patel

This article is for informational purposes only and does not constitute legal advice. Every company’s situation is different, and you should consult with qualified legal counsel before making compliance decisions based on the developments discussed here.

If your fund is trying to determine whether the FIPVCC applies to you, or if you need help building a compliant demographic survey and reporting process, that’s exactly the kind of regulatory preparation an Outside General Counsel helps you get right before the deadline arrives.

Disclaimer: This article is provided for informational purposes only and does not constitute legal advice. The information contained herein should not be relied upon as legal advice and readers are encouraged to seek the advice of legal counsel. The views expressed in this article are solely those of the author and do not necessarily reflect the views of Consilium Law LLC.