News & Analysis as of

Investment Adviser Private Investment Funds Investment Funds

Dorsey & Whitney LLP

The SEC Adopts Significant New Rules for Private Fund Advisers

Dorsey & Whitney LLP on

On August 23, 2023, the Securities and Exchange Commission (“SEC”) adopted new rules and rule amendments (the “Final Rules”) under the Investment Advisers Act of 1940 (“Advisers Act”) to enhance the regulation of private fund...more

Eversheds Sutherland (US) LLP

SEC finalizes highly controversial private fund adviser rule set - a quick review of where things landed

In a Legal Alert issued before yesterday’s SEC Open Meeting, we posed questions relating to six things that our Investment Services team would be looking for. We now have answers to some of those questions....more

Bennett Jones LLP

Continuation Funds: ILPA Updated Guidance

Bennett Jones LLP on

The Institutional Limited Partner Association (ILPA) published new guidance on May 15, 2023, relating to continuation funds. The guidelines build on ILPA's prior (2019) guidance on best practices for GP-led secondary fund...more

Winstead PC

SEC Proposes Extensive Rule Changes for Private Fund Advisers

Winstead PC on

On February 9, 2022, the Securities and Exchange Commission (SEC) proposed new rules and amendments under the Investment Advisers Act of 1940 (Advisers Act) to enhance the regulation of private fund advisers. The proposed new...more

Eversheds Sutherland (US) LLP

Taking stock - Environmental, social and governance (ESG) considerations

ESG will be front and center in the SEC’s 2021 agenda. Our ESG Matrix can help establish a baseline for compliance by SEC-regulated funds, investment advisers, private funds and insurance companies. The Matrix covers...more

Bennett Jones LLP

A Reprieve From Onerous Corporate Regulations for Private Equity in British Columbia

Bennett Jones LLP on

Two weeks before implementation, potentially onerous new burdens for private investment funds that use a British Columbia company have been removed. Proposed amendments to the Business Corporation Act (BCA) would have applied...more

K&L Gates LLP

South Carolina’s New Private Fund Adviser Exemption — A Boost for an Emerging Industry

K&L Gates LLP on

On September 6, 2019, the Securities Division of South Carolina’s Office of the Attorney General issued an order providing an exemption from the state investment adviser registration requirements for advisers that provide...more

Miller Canfield

Michigan's Securities Regulator Issues New Rules, Including a New Private Fund Adviser Registration Exemption

Miller Canfield on

The Corporations, Securities, & Commercial Licensing Bureau of the Michigan Department of Licensing and Regulatory Affairs ("the Bureau") has issued new Securities Rules interpreting and enforcing the Michigan Uniform...more

Proskauer Rose LLP

New California Law Requires Increased Private Fund Fee and Expense Disclosure

Proskauer Rose LLP on

Recent state legislative developments in California will require disclosure of certain information by private investment fund managers, primarily in the area of fees and expenses incurred by state and local pension and...more

Troutman Pepper

Cease and Desist Proceedings Against an Asset Manager for Acting as an Unlicensed Broker-Dealer

Troutman Pepper on

Industry participants are well-advised to review their practices to ensure compliance with the Advisers Act, and the SEC’s and SEC’s Staff’s interpretations of when registration as a broker-dealer is required....more

WilmerHale

FinCEN Proposes AML Requirements for Registered Investment Advisers

WilmerHale on

The Financial Crimes Enforcement Network (FinCEN) has proposed long-expected regulations that would extend anti-money laundering (AML) requirements to federally registered investment advisers (RIA). The August 25, 2015...more

11 Results
 / 
View per page
Page: of 1

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide