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The rule prohibits omitting material facts necessary to make the ‘statements made . . . not misleading,' Sotomayor writes for majority
Private fund advocates say rules go too far, threatens trade secrets
“The central question is, ‘Are you breaching your fiduciary by focusing on these ‘political’ questions or are you actually upholding your fiduciary by upholding value ...
The Biden administration wants to rework American society, and sees fund managers as a problem to be solved.
Private funds' thinking has evolved from "risk management" to "value creation," PwC's Eric Janson says on RCW webinar
March proved to be a tough month for the SEC in two federal courts. One judge accused the Commission of “gross misconduct” and, in a ...
Proposed anti-money laundering rules will land hardest on private fund managers but the industry may only be able to blunt the impact, not avoid it
Rules on hold after Fifth Circuit pause, but managers may need to prepare
'You cannot get deals if you’re not texting and your competitors are,' FirmScribe CEO says from PFCFO New York Forum.
Nonbinding vote another signpost on Gary Gensler’s long and fraught road to reform