A settled enforcement action, announced by the U.S. Securities and Exchange Commission (SEC) on September 14, 2016, continues the trend of increased SEC scrutiny of private equity advisers concerning the allocation and...more
10/21/2016
/ Cease and Desist Orders ,
Conflicts of Interest ,
Disclosure Requirements ,
Discounts ,
Dodd-Frank ,
Enforcement Actions ,
Excessive Fees ,
Fund Expenses ,
Investment Adviser ,
Investment Advisers Act of 1940 ,
OCIE ,
Policies and Procedures ,
Private Equity Funds ,
Registered Investment Advisors ,
Securities and Exchange Commission (SEC)
A large number of private equity managers were required to register for the first time with the U.S. Securities and Exchange Commission (SEC) pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act (Act)....more
3/26/2016
/ Conflicts of Interest ,
Disclosure Requirements ,
Dodd-Frank ,
Enforcement Actions ,
Financial Services Industry ,
Fund Managers ,
Investment Advisers Act of 1940 ,
OCIE ,
Private Equity Funds ,
Registration Requirement ,
Securities and Exchange Commission (SEC)
Marc Wyatt, Director of the U.S. Securities and Exchange Commission’s Office of Compliance Inspections and Examinations (OCIE), indicated on November 20, 2015 that the OCIE staff is now examining “Exempt Reporting Advisers”...more
The U.S. Securities and Exchange Commission (SEC or Commission) issued a cease and desist order on September 22, 2014 (Order) against private equity fund adviser Lincolnshire Management, Inc. (Lincolnshire). The Order alleged...more