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PF Latest News

'The clock is ticking'
The SEC's crackdown on custody rule violations has yielded five new enforcement cases, all of them small private fund advisers.
Compliance may not be a check-the-box exercise anymore, but you've still got to check the boxes
The statue of Justice - lady justice or Iustitia / Justitia the Roman goddess of Justice in a court room. ideal for websites and magazines layouts
Suit asks Fifth Circuit to vacate sweeping new rules
SEC can't mandate stand-alone compliance departments, but burdens of new rules may make it inevitable
By slipping 2019 fiduciary guidance in as dicta, Commission may signal a crackdown
Examiners seek lists of employees, execs, board members with cyber responsibilities
The 660-page final rule includes six new Advisers Act rules and two modifications to existing rules
One caucasian male throwing money into a washing machine
In an era of political sanctions, risks aren't hypothetical, but they are exponential
New rules softer than proposal, still impose rigid disclosures on exempt advisers
Wooden hammer with gold details and books in the background.
Here are the new rules and changes from the SEC's approval of a final rule in August 2023

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