Private Funds

SEC Commissioner Peirce
"Even if we assume that the Commission’s Dickensian tale of hapless and helpless investors is true, the solution is not more regulation"
SEC Chairman Gary Gensler
The "rules will bring greater transparency to investors regarding preferential treatment, often arranged through side letters. Under the rules, advisers will be able to continue ...
SEC Commissioner Crenshaw
It "is our imperative, our mandate, our responsibility, to protect all investors – large and small .... I have the unfortunate distinction of learning that investors of ...
The "Commission no longer is content to regulate private fund advisers to the same extent as other investment advisers. Instead, private fund advisers will be ...
SEC Commissioner Lizarraga
"Examinations have revealed risks that advisers to private funds disclose inaccurate, incomplete or misleading information, engage in disparate treatment of investors, and often inadequately address ...
New rules softer than proposal, still impose rigid disclosures on exempt advisers
Wooden hammer with gold details and books in the background.
Here are the new rules and changes from the SEC's approval of a final rule in August 2023
piggy bank broken with gavel
Examiners asking funds about their advisers
Now or never as SEC faces political calendar
The clock is ticking on some two dozen epoch-making rule proposals at the SEC.
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