Enforcement

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

An adviser CCO tells of a recent SEC exam that deeply probed the adviser’s due diligence into its pricing services used for establishing valuations.

'Scary' case should worry small- and midsized managers, expert says.

There has been an 'explosion' in LP demands regarding compliance, according to attendees at Private Funds CFO Network’s European Forum earlier this month.

Cash recoveries down slightly from record-setting fiscal 2022, but caseload rises by 8%.

Penalties top $5bn, Grewal seeks 'three Es.'

As Washington pressures the industry, advice-of-counsel is becoming 'fertile ground' for litigation.

The IAA suggests the SEC use the number of employees as the appropriate standard for determining the impact of its regulations on small advisers.

‘Quality controls and audit standards are necessary to maintaining this essential gatekeeping role,’ SEC says in fifth ‘gatekeeper’ case in two years.

SEC enforcements pick up before end of fiscal year.