Examinations & Enforcement

The SEC’s staff exodus may be a problem for managers, ILPA has problems with impact data, Vermont has problems with PE in healthcare and Brian Daly has a problem with you calling him a hippo.

US regulators have shown an abiding interest in post-commitment fees, and here’s how GPs can stay above reproach.

‘Limited partners know that there are going to be fees,’ Weil, Gotshal & Manges partner Andrew Dean says. ‘The question is, are you following what the LPA says? And then, as a fiduciary, have you disclosed your conflicts of interest?’

‘This may be a time to whiteboard some new ideas,’ Simpson Thacher’s Adam Aderton says.

Sponsors are hustling to prepare for the updated data regulations, as deadlines loom and exam priorities are released.

The closer private funds get to retail, the tougher the questions they will face, SEC exams division warns

The gummit’s back (for now), governor Kathy Hochul sits on a beneficial owners’ bill, AIC gets a new victim to field my calls – editors can do things, too – and a week ahead again (for now).

The government shutdown is respite, not rescue, for compliance teams, and what NASAA’s annual enforcement report doesn’t say

‘When there’s a cyclical decline, certain risks pop up time and again… The SEC knows about them, too…’

At the 20th annual Private Funds CFO New York Forum, CFOs discussed everything from the new Marketing Rule to how to focus more on their strategic contributions to their firms.