David Woodcock’s appointment may put a ceiling on the SEC’s enforcement ambitions, but it won’t lower the regulatory floor for private funds.
FinCEN is taking tips even as it sorts out how to reward them, retail investors may make private funds give up some of their privacy and dispatches from the ‘SaaS-pocalypse…’
Private funds face growing operational and compliance strain as geopolitical conflict reshapes risk environment.
Proposal would offer safe harbor to pension fiduciaries who ‘objectively, thoroughly and analytically’ weigh one or more of six factors against clients’ needs, risk appetites.
FTC chairman Andrew Ferguson’s new healthcare task-force is the least he can do. Private fund managers hope they don’t see the most he can do.
Private fund managers are gatekeepers, not bystanders, LexisNexis Risk Solutions’ Vincent Gaudel says.
EisnerAmper accepts censure but ducks penalties as SEC heralds the firm’s remedial efforts to clean up after the Infinity Q scandal.
Private funds won’t have Meg Ryan to kick them around anymore, but the kickings will continue until morale improves.
‘These are not the type of fund-like investments where the expectations of the acquiring fund’s shareholders would be frustrated,’ the SEC says in new regulatory guidance.
Runs on private credit managers’ funds draw down industry’s political capital.