Private Funds

The SEC alleges material misstatements were made to hedge fund investors

The ICI declares that there “is no legal basis under the Investment Company Act to restrict closed-end funds’ use of certain common takeover defenses limiting ...

Naya Ventures neglected to take steps to ensure that an accounting firm was engaged to perform an annual audit as the partnership agreement required

Private funds will be the subject of their own separate risk alert later this year, OCIE Director Pete Driscoll says. “That’s something we’ve been getting ...

Delegates to Maryland’s state legislature have proposed laws that could see management fees and carry taxed at nearly 60% and 50%, respectively, and some market ...

Eric Lyons misused and misappropriated approximately $570,000 from the funds

We are amending the definition of the term “assets under management” in the private fund adviser exemption to exclude the assets of RBICs

"Certain aspects of the implementing regulations may have resulted in a complex and costly compliance regime that is unduly restrictive and burdensome"

The SEC has closed the books again on one of the biggest insider trading scandals of this century. Under a consent decree entered in federal ...

New federal law on foreign investments expands the Committee on Foreign Investment in the United States’ authority over “critical” technology, infrastructure and data management and ...