"The Commission also recognizes that the policy itself may create the incorrect impression that it is trying to protect itself from criticism"
SEC examiners have been asking private fund advisers about their need to extend their funds, likely probing concerns rattling around the industry about private credit.
Our annual analysis will no longer observe any trends when it comes to advisers hiring in-house or outsourced CCOs because the Commission no longer publicly ...
This could be a bad year for the SEC’s ability to seek disgorgement
The bad news is, private equity managers must keep passing the fees and expenses test
The 9-0 ruling declared that the Commission doesn’t have to show actual monetary losses by investors before assessing disgorgement
SEC Chairman Paul Atkins vows to not stray from his "core three-part mission:" 1. Renew regulatory policies 2. Shift to increase stakeholder engagement and 3. ...
Examiners asked about private fund 'extensions,' or moves by a fund GP to lengthen a fund’s term, perhaps as a means of giving the adviser ...
With spring in full swing, check out our most popular content from last month
Examiners asked to see a 'schedule of any transactions known to the Adviser or its officers between portfolio companies and' other portfolio companies, clients, the ...