Bill Myers

SEC chairman Jay Clayton wants an overhaul of the advertising rule that would bring private funds into scope by year end. The proposal has industry representatives up in arms.

SEC passes rule that supporters hope will attract more retail investors into private capital markets.

The SEC has widened the definition of accredited investor in the hopes of bringing more ordinary people into the $23trn private funds market.

The Office of Compliance Inspections and Examinations issued a warning about increasing cyber risks to registrants with the Securities and Exchange Commission, and outlined six areas they should review.

Less than one-fifth of private fund compliance officers have a single title, a review of SEC disclosure data finds.

'Less impetus on the manager to protect the investor,' ILPA warns.

SEC regulators found conflicts of interests, fee problems and risks of material non-public information in private equity, hedge and venture capital funds.

In March, OCIE Director Pete Driscoll promised private fund advisers that the SEC would this year issue a risk alert directed at them. “That’s something we’ve been getting a lot of asks from compliance officers who are private fund advisers that, ‘Hey, we haven’t seen a risk alert,’” Driscoll told an audience at the Investment […]

Compliance officers face the challenge of effectively monitoring their firms remotely while fortifying their businesses against the strains of the liquidity crunch. Two lawyers give their practice tips for CCOs amid the pandemic.

The Boston-based private funds advisor will pay to settle SEC claims that it deceptively marketed one of its oil-and-gas investments.