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Washingtonโ€™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 heโ€™s said his last words on private credit. Private funds must hope thatโ€™s true.
Image of a person's hand reaching out from under a desk covered in a pile of paper work and empty mugs.
SEC Chairman Paul Atkins wants private funds to show they can be good stewards without regulators hassling them. Whatever happens next, he owns it.
Image of a room with a lit ceiling.
David Woodcockโ€™s appointment may put a ceiling on the SECโ€™s enforcement ambitions, but it wonโ€™t lower the regulatory floor for private funds.
Proposal would offer safe harbor to pension fiduciaries who โ€˜objectively, thoroughly and analyticallyโ€™ weigh one or more of six factors against clientsโ€™ needs, risk appetites.
Graphic of a globe on a puzzle that is breaking.
Private fund managers are gatekeepers, not bystanders, LexisNexis Risk Solutionsโ€™ Vincent Gaudel says.
A courtroom gavel and golden scales of justice on a financial analysis chart, representing legal and economic themes.
EisnerAmper accepts censure but ducks penalties as SEC heralds the firmโ€™s remedial efforts to clean up after the Infinity Q scandal.
Meg Ryan is out as director of the SEC's enforcement division.
Private funds wonโ€™t have Meg Ryan to kick them around anymore, but the kickings will continue until morale improves.
โ€˜These are not the type of fund-like investments where the expectations of the acquiring fundโ€™s shareholders would be frustrated,โ€™ the SEC says in new regulatory guidance.
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