Legal/Compliance

Jury dismissed claims by former placement agent Mercury Capital's co-founder that the firm became a 'safe haven for white men only' under then-CEO Michael Ricciardi.

Washington’s front-loaded effort to CRUSH fraud adds more pressure in an already grinding environment.

Bay State regulators widen the blast radius.

Paul Atkins speaks as if he’s said his last words on private credit. Private funds must hope that’s true.

In separate actions, the SEC offers co-investment relief, and takes two more steps toward what supporters call ‘responsible retailization.’

Compliance is a ‘little bit of a lie,’ veteran compliance expert Amy Reeder Worley tells Private Funds CFO.

SEC Chairman Paul Atkins wants private funds to show they can be good stewards without regulators hassling them. Whatever happens next, he owns it.

The hire builds out the firm’s presence in the growing market.

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.

The fund vehicle offers real flexibility for managers at the moment, write Ajay Pathak and Chris Ormond of the law firm Goodwin.