Compliance & Regulation

Deal documents bound employees to expansive MNPI rules; division head also pushes co-operation for leniency in personal messaging cases, notes AI usage risks.

Risk alert identifies shortcomings in advisers' P&Ps which "resulted in gaps for preventing violations of the marketing rule, books and records rule, or both."

SEC widens the risk calculus for private fund managers.

‘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 for your investors?' Seyfarth Shaw’s Ferrari says.

A recent settlement likely means the SEC is already investigating the private funds sector for compliance breaches related to electronic messaging.

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 said at a Private Funds CFO/Regulatory Compliance Watch webinar.

This hour-long webinar features tips to prepare the new SEC-mandated form

Jail time, fines and increasing investigations from the local tax authority – in Germany’s largest state, the private equity industry appears to be in a state of fear when it comes to the issue of tax and offshoring.

In the last five years, 'the population of advisers has grown by over 2,300 and the assets managed by these entities has increased by approximately $30trn,' the report states.