The IAA and others urge the SEC to extend the comment period for a proposal that would expand the definition of dealer to capture certain advisers and private funds.
May 31, 2022
Tags: Private Funds, Trading
Regulatory Game Changers on the Horizon
The SEC has unleashed a flurry of rule proposals that, if enacted as proposed, will significantly alter the regulatory, disclosure and reporting obligations for managers who cater to the private fund market.
May 31, 2022
Tags: CCO, Compliance, Private Funds, SEC Enforcement, SEC Examinations
SEC Charges Adviser and Portfolio Managers with Fraud in Connection with Complex Options Strategy
SEC charges adviser and portfolio managers and bans adviser from registered fund business in connection with fraud related to complex strategy.
May 25, 2022
Tags: Private Funds, SEC Enforcement
FinCEN Acting Director Discusses Potential for AML Rules for Investment Advisers
FinCEN discusses possibility for AML regulations for investment advisers.
May 25, 2022
Tags: AML, FinCEN, Private Funds, Treasury Department
SEC Responds to Commenter Requests, Extends and Reopens Deadlines
Following advocacy from the IAA and others, the SEC has extended comment period for ESG proposal and re-opened comment period for private fund adviser proposal.
May 11, 2022
Tags: ESG, Gary Gensler, Private Funds
IAA Opposes SEC Private Fund Advisers Proposal; Offers Alternatives
We oppose the proposed private fund adviser prohibited activities and the preferential treatment rules and offer alternatives.
April 28, 2022
Tags: Advocacy, Hedge Clauses, Private Equity, Private Funds, SEC
SEC Publishes Examination Priorities for 2022
The SEC’s Division of Examinations has issued its examination priorities for 2022, which are in line with recent regulatory initiatives and rulemakings directed at advisers.
April 01, 2022
Tags: BCP, Best Execution, Cybersecurity, Digital Assets, ESG, Examinations, Form CRS, Private Funds, Revenue Sharing, SEC Examinations, Technology, Wrap Fees, Zero Commissions
IAA Urges SEC To Reconsider One-Day Reporting for Private Fund Advisers
The IAA calls on the SEC to substantially amend its proposal to require current reporting of events on Form PF and refrain from defining “digital assets.”
March 29, 2022
Tags: Form PF, Hedge Funds, Private Equity, Private Funds
IAA, Others Object to Comment Deadlines for SEC Private Fund Proposals
The IAA joins other trade associations to urge the SEC to extend comment periods for the private fund proposals.
March 02, 2022
Tags: Form PF, Hedge Funds, Private Equity, Private Funds
SEC Proposes Cybersecurity, Private Fund Adviser Rules
The SEC has issued three rulemaking proposals – on cybersecurity, private fund advisers, and shortening the settlement cycle – that will have major implications for investment advisers.
February 09, 2022
Tags: Form ADV, Cybersecurity, Hester Peirce, Private Funds, Trading