Tag: Private Funds
Private Fund Managers – 2021 SEC Enforcement Results and What to Expect Next
In 2021, the SEC has been in transition. In 2022, the SEC will likely focus more on private fund managers. The last few month have given us an idea of what to expect.
December 22, 2021
Tags: Private Funds, SEC Enforcement
Agencies’ Regulatory Agendas Include AML, Cybersecurity, ESG, and More
Federal agencies have released updates to their regulatory agendas, which include several important new potential regulations for investment advisers, most notably regarding anti-money laundering, cybersecurity, and private fund advisers.
December 15, 2021
Tags: Money Market Funds, AML, CFTC, Custody, Cybersecurity, DOL, ESG, Private Funds, Proxy Voting, Regulatory Agendas, SEC Investment Management
Treasury is poised to revisit its 2015 proposal that would impose certain anti-money laundering requirements on advisers, following a Biden Administration report outlining a strategy to combat corruption and related crimes.
December 15, 2021
Tags: AML, Private Funds, Treasury Department
Gensler Says SEC Considering New Rulemakings for Private Fund Advisers
SEC Chair Gary Gensler is focusing on private fund managers and is looking at rulemaking in five areas affecting them – including fee arrangements.
November 22, 2021
Tags: Conflicts of Interest, Gary Gensler, Private Equity, Private Funds
Adviser Fined for Conflicts Disclosure and Custody Issues Related to Private Fund Investments
The SEC has fined a Connecticut-based investment adviser and its principal for inadequate disclosure of conflicts of interest related to investments of a private fund client and for violations of the Custody Rule.
September 22, 2021
Tags: Conflicts of Interest, Custody, Private Funds, SEC Enforcement
The SEC has fined an Ohio-based dual-registrant for violating the Custody Rule because the firm did not provide investors in two private funds that it advised with audited financial statements or alternatively retain an independent public accountant to conduct surprise examinations of the private funds’ assets.
September 22, 2021
Tags: Custody, Disclosure, Private Funds, SEC Enforcement
SEC’s AMAC Discusses ESG, Diversity & Inclusion, and Private Funds
The SEC’s Asset Management Advisory Committee’s (AMAC’s) March meeting covered several topics that are high on the SEC’s policy agenda and introduced two new agenda items for 2021.
April 02, 2021
Tags: Allison Herren Lee, AMAC, Caroline Crenshaw, Diversity & Inclusion, Elad Roisman, ESG, Evolution Revolution, Hester Peirce, Private Funds
Form CRS, ESG Disclosure are Priorities for SEC Exams, Enforcement
Form CRS filing and ESG disclosure are among the top examination priorities, noted Peter Driscoll, Director of the SEC’s Division of Examinations, in a conversation with IAA General Counsel Gail Bernstein at the 2021 IAA Investment Adviser Compliance Conference.
March 09, 2021
Tags: Compliance Conference, ESG, Form CRS, Libor, Peter Driscoll, Private Funds, SEC Enforcement, SEC Examinations, Share Class Disclosure, Takeaways
IAA Comments on Delegation and ESG in EU AIFMD Consultation
The IAA has submitted comments on a consultation from the European Commission on the Alternative Investment Fund Managers Directive (AIFMD).
February 02, 2021
Tags: ESG, European Commission, Private Funds
UK-based Adviser Pays $170 Million in Connection with Transfer of Traders to Proprietary Fund
The SEC has fined a UK-based investment adviser in connection with the firm’s transfer of almost half of the traders assigned to a private fund sold to external clients to a proprietary fund with a similar trading strategy that was created to attract and retain traders and senior managers.
December 21, 2020
Tags: Disclosure, Private Funds, SEC Enforcement
The IAA provides links to web sites of other organizations in order to provide visitors with certain information. A link does not constitute an endorsement of content, viewpoint, policies, products or services of that web site. Once you link to another web site not maintained by the IAA, you are subject to the terms and conditions of that web site, including but not limited to its privacy policy.
Click the link above to continue or CANCEL
