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The bureau wants to partner with private equity firms to understand and address the emerging threats facing the industry.
‘Each part of the rule is unnecessary, unworkable, and unduly burdensome,’ lawyers say in opening brief.
‘Quality controls and audit standards are necessary to maintaining this essential gatekeeping role,’ SEC says in fifth ‘gatekeeper’ case in two years.
'The clock is still ticking'
Regulators overstepped, six trade groups claim in new complaint filed in Fifth Circuit.
The FTC’s proposed changes to pre-merger filing requirements would mandate the disclosure of certain LPs and may add significant costs to returns.
It’s difficult to imagine a Congress so divided would be able to address a constitutional remedy should the SCOTUS find for Cochran.
JES Global founder Elliot Smerling pleaded guilty last month to a $133m fraud scheme.
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