PF Rules & Regulatory Actions



"ECP should not have allocated to Fund III more than its proportional share of such expenses"

[W]e are of the view that greater transparency and more robust investor protections could assist investors in evaluating and making investment, voting, and redemption decisions ...

Spruce failed for numerous years to distribute required audited financial statements

More standardized requirements for performance metrics would allow private fund investors to make apples to apples comparisons when assessing the returns of similar fund strategies ...

Respondent’s bonus compensation was directly tied to success in raising funds for APEF VI, and Abraaj paid him a nearly $2 million bonus in January ...

"I compromised the integrity of my judgment, and for that I am disappointed with myself and very sorry. I do accept full responsibility for my ...

Velissaris knew or recklessly disregarded that he was, in fact, manipulating the valuations of the Infinity Q Funds’ positions in the Pricing Service and was ...

EXAMS staff observed potential failures to conduct a reasonable investigation into an investment

Congress is weighing legislation that would require investment advisers and other “gatekeepers” to develop and maintain anti-money laundering policies and procedures. If passed, the ENABLERS ...