Connor Hussey reports on the recent loosening of auditor independence rules by the Securities and Exchange Commission, and what it means for GP-auditor relationships. The SEC has been on a tear this year, as chairman Jay Clayton’s term is expected to come to an end. As previously reported, Clayton is also trying to push through an overhaul of the advertising year before the end of 2020.
Sponsored: When the pandemic hit earlier this year, it threw the markets into turmoil. But moves by the US federal government to backstop the economy – which reduced some of the credit risks characteristic of the Great Recession – helped to stave off what could have been an even more pronounced economic downturn, says Withum partner and financial services group practice leader Tom Angell.
The question, then, is what does all of this mean for private equity?