The U.S. Securities and Exchange Commission (SEC) today issued an order that raises, to adjust for inflation, two of the thresholds that determine whether an investment adviser can charge its clients performance fees. The order carries out a requirement of the Dodd-Frank Wall Street Reform and Consumer Protection Act. With the change, an adviser will be able to charge performance fees if the client has at least $1 million under management with the adviser, or if the client has a net worth of more than $2 million. The previous thresholds were $750,000 and $1.5 million respectively, and were last revised in 1998. The order will be effective Sept. 19.