Home Private Funds PF Rules & Regulatory Actions

PF Rules & Regulatory Actions

The adviser purported to rely on the exception to the qualified custodian requirement but did not obtain an audit of each of the Funds and ...
Senior woman falling down stone steps
The firm also did not properly describe the status of its fund’s financial statement audits when filing its Forms ADV and did not update certain ...
Senior man on a icy staircase
The adviser failed to maintain securities of certain private equity funds that it advised with a qualified custodian
Lawyer is explaining about the wrongdoing laws regarding fraud to the client at the office.
He failed to take necessary steps to do so despite being on notice of the rule’s requirements and was aware of the ongoing failures in ...
Unrecognizable man taking notepad from his female colleague in the office. Focus is on his hand and note pad.
The SEC adopts Form PF amendments to require large private equity fund advisers to provide additional information to the SEC about the private equity funds ...
Businessman, accounting, calculating, analyzing, charting and graphing income with a modern laptop computer. And strategy ideas
The Rebalancing Trades were executed at prices proposed by Anthony Melchiorre and agreed to by the Rebalancing Brokers, but not at prices that were independently ...
Enforcement Division relying on 'overly broad interpretation,' groups warn
"Washington, DC, USA - October 4, 2012: The United States Securities and Exchange headquarters building located on F Street in Washington, DC. A security guard and other people are present in this photo. The U.S. Securities and Exchange Commission hold primary responsibility for enforcing federal securities laws."
This is a new SEC FAQ, released in January 2023, related to its SEC ad rule
Ahuja engaged in a fraudulent scheme to inflate the value of securities held by several private investment funds managed by Ahuja and Premium Point. The ...
Instead of paying back Fund II during this time period, Respondent used the management fees it charged and collected for its own operating expenses

Copyright PEI Media

Not for publication, email or dissemination