Private Fund Update - November 4, 2013

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Explore:  CFTC PEGCC SEC

In this issue:

- The President

- The 113th Congress

- Securities and Exchange Commission

- Commodity Futures Trading Commission (CFTC)

- Private Equity Growth Capital Council (PEGCC)

- Miscellaneous

- Excerpt from: Commodity Futures Trading Commission (CFTC):

Drops Appeal of Federal Court Decision Overturning Position Limits Rule:

The CFTC Commission also voted to drop an appeal of a federal district court decision overturning its position limits rule. The rule was struck down in Int’l Swaps & Derivatives Ass’n v. CFTC, 887 F. Supp. 2d 259, 280-82 (D.D.C. 2012). Commissioner O’Malia issued a statement saying that the Commission should never have pursued an appeal in the first place.

Please see full newsletter below for more information.

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