Private Fund Update - November 4, 2013


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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Published In: General Business Updates, Elections & Politics Updates, Finance & Banking Updates, Securities Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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