Developing a Programmatic Approach to Cybersecurity Oversight
This article discusses how private equity firms can better manage cybersecurity across their portfolio companies.
April 25, 2023
Tags: Cybersecurity, Private Funds
SEC Settles Charges Against Audit Firm, Partner for Private Fund Valuation Failures
SEC settles enforcement action with audit firm and partner for valuation failures in audit of private funds.
April 12, 2023
Tags: Private Funds, SEC Enforcement, Valuation
Lessons for Private Fund Managers in Recent SEC Enforcement Actions
This article discusses practical lessons learned from recent SEC enforcement actions against private fund managers involving the calculation of private fund fees.
March 15, 2023
Tags: Private Funds, SEC Enforcement
IAA’s Barr Supports Adequate SEC Funding, Opposes SRO
Karen Barr, President & CEO of the IAA, supports adequate SEC funding and opposes SRO for advisers at the SEC’s Investor Advisory Committee meeting.
March 09, 2023
Tags: IAC, Mutual Funds, Private Funds, SEC Investor Advocate
SEC Publishes 2023 Examination Priorities
The SEC’s 2023 examination priorities reflect the agency’s broader focus areas, emphasizing an adviser’s fiduciary duty to act in its clients’ best interest, cybersecurity, ESG, and compliance with the new Marketing Rule.
February 09, 2023
Tags: FinTech, Cybersecurity, ESG, Examinations, Fiduciary, Marketing Rule, Private Funds
Few Big Changes in New Regulatory Agendas, Ambitious Rulemakings to Persist
Federal agencies issue Fall Reg Flex agendas, reflecting continuation of ambitious agendas; Custody Rule and anti-money laundering for advisers still planned.
January 09, 2023
Tags: Money Market Funds, AML, CFTC, Custody, Cybersecurity, DOL, ESG, Private Funds, Proxy Voting, Regulatory Agents, SEC Investment Management
SEC Fines Adviser for Failing to Promptly Repay Money Borrowed from Private Fund
The SEC fined a private fund adviser for not promptly repaying a loan to a fund advised by the adviser.
October 13, 2022
Tags: Private Funds, SEC Enforcement
SEC Private Fund Adviser Enforcement Action Focuses on Undisclosed Cost Components of Fees
SEC brings enforcement actions against private fund advisers for charging unauthorized fees.
September 26, 2022
Tags: Private Funds, SEC Enforcement
Enforcement cases and questions for private fund advisers when considering policies and procedures reasonably designed to prevent the misuse of material, non-public information.
September 22, 2022
SEC Compliance Outreach Program Scheduled for November 15
The SEC has scheduled a Compliance Outreach Program for advisers and funds on November 15, 2022.
September 22, 2022
Tags: Compliance, ESG, Fiduciary, Form CRS, Marketing Rule, Mutual Funds, Private Funds, SEC Examinations