liquidity

1) There is a disclosure requirement 4.A.15 which requires you to disclose periods of non-compliant returns before 1/1/2000. I think pre-2000, GIPS were not standardized so firms CFAI allowed firms to present non-compliant data before 1/1/2000. The ONLY non compliance results which may be presented (with disclosure) are pre 1/1/2000.
2) The way I understand it if you are in compliance since inception (lets say 2003) you can present GIPS compliant results since 2003. It is 5 years min or since inception. (page 273).