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'Reasonable basis' standard still leaves open questions
Fund advocates fight to scrap rules, LP advocates for 'minimum standards of disclosure'
Peirce decries 'fancy legal footwork' behind new guidance
"The Commission has failed to identify a problem in need of a regulatory solution"
The implication of the current rule and market practice is that many non-accredited investors do not have an opportunity to invest in private companies, even ...
Witness' about-face leaves feds without case
When do omissions become misleading?
'Scary' case should worry small- and mid-sized managers, expert says
LPs still tepid on rules, still want SEC as referee
Senior personnel repeatedly violated policies by, among other things, sending emails to current investors, potential investors, and industry contacts which, in certain cases, unnecessarily disclosed ...