'No good reason' for SEC's new private funds rules

'No good reason' for SEC's new private funds rules, attorney claims

Scalia says rules will cost industry $5.4bn per year if left standing.

'No good reason' for SEC's new private fund rules

“Profits in private funds are substantially larger than the public markets. Fees have declined. Nonetheless, and for no good reason, the SEC is.

SEC Private Funds Rule No Longer Valid – Potential Implications for ...

The Proposed SEC Private Funds Rule generally prohibited private funds (ie venture capital funds, private equity funds, hedge funds) with US general partners ...

SEC Private Funds Rule - Roadblocks to Regulation - Marcum LLP

The SEC has until September 2024 to petition the Supreme Court to review the Private Fund Adviser rules. If a new presidential administration ...

Need to Know: SEC's New Private Fund Rules, Jaclyn Grodin, David ...

The SEC's adoption of the Rules over two Commissioners' dissenting votes further confirms its intention to bring its regulation of private funds ...

Are the SEC's Private Fund Advisers Rules Now Dead? No, but they ...

The Fifth Circuit concluded that the SEC had failed to define an act, practice or course of business that was itself fraudulent, noting that the ...

Understanding the SEC's Private Fund Adviser Rules - Carta

The SEC is expected to appeal the decision, but even if such action is ultimately successful, the process will likely extend well into 2025— ...

SEC, trade groups spar over private funds rule in federal court

... new agency rules requiring increased disclosure for private fund advisers ... "For no good reason, the SEC here is attempting to subvert the ...

Private Fund Advisers, Breathe Easier: Fifth Circuit Vacates Private ...

The New Orleans-based U.S. Court of Appeals for the Fifth Circuit vacated the new private fund rules adopted by the SEC in August 2023, ...

The Fifth Circuit Vacates the SEC's New Private Fund Adviser Rules ...

The Final Rules were challenged on four grounds: (1) the SEC exceeded its statutory authority, (2) the Final Rules were not a logical outgrowth ...

Fifth Circuit Strikes Down Private Fund Adviser Rules - Insights

The court's decision vacates the Rules on the grounds that the SEC exceeded its statutory authority, finding that neither Section 211(h) nor ...

U.S. Fifth Circuit Court of Appeals Vacates Private Funds Rules

The Fifth Circuit's decision is being applauded by many in the industry who viewed the Rule as an overextension of the SEC's authority and ...

New SEC private fund adviser rules | Crowe LLP

Absent any further action, the 5th Circuit's decision will vacate the final rules on July 29, 2024. Additional regulatory uncertainty exists ...

SEC Private Fund Adviser Rules: What Made the Cut | ACA Group

The US Securities and Exchange Commission (SEC) recently voted to adopt new rules and amendments under the Advisers Act originally proposed in February 2022.

The SEC's new private fund adviser rules: Who's affected and how to ...

In August 2023, the US Securities and Exchange Commission adopted new rules and amended others to enhance the regulation of private fund ...

The SEC's Private Fund Adviser Rules: Exploring The - Dechert LLP

The Securities and Exchange Commission adopted new and amended rules under the Investment Advisers Act of 1940 in August 2023 that will ...

The Lawsuit Against a New SEC Rule Could Harm Investor ...

The US Court of Appeals for the 5th Circuit's decision on the legal petition against the SEC's private fund advisers rule could open the door to broad attacks.

The New Private Fund Rules: What Now for VC Fund Advisers and ...

As we reported in our recent blog post, “SEC Imposes New Burdens on Registered and Exempt Private Fund Advisers,” the U.S. Securities and ...

The SEC's Private Fund Adviser Rules represents a sea change in ...

“Interestingly enough, the SEC is not making it harder to offload those expenses to investors,” says Caswell. “In fact, the SEC acknowledges in ...

The SEC's New Private Fund Rules: What to Know - Allvue

After allowing it to grow largely unchecked for decades in the U.S., the SEC is now sending the signal that it feels the private capital space ...