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Lawsuit Challenges Private Fund Adviser Rules
The National Law Review· 6 days agoOn Friday, September 1, 2023, a lawsuit was filed with the federal Court of Appeals in the Fifth Circuit challenging the validity and enforceability of the recently adopted Private Fund Adviser ...
Private Funds Rules Vacated
The National Law Review· 6 days agoOn June 5, 2024, the United States Court of Appeals for the Fifth Circuit (the “Court”) vacated the entire set of new Investment Advisers Act of 1940...
U.S. Private Fund Adviser Rules Struck Down | JD Supra
JD Supra· 3 days agoAfter much anticipation from the private funds market, earlier this week on June 5, 2024, the U.S. Court of Appeals for the Fifth Circuit (the Court) reached a decision in respect of the litigation ...
5th Circuit Strikes Down Private Fund Adviser Rules | JD Supra
JD Supra· 6 days agoOn June 5, 2024, The United States Court of Appeals for the Fifth Circuit (Fifth Circuit) vacated new rules applicable to advisers to private funds1...
Big News for Funds June 2024 - Fifth Circuit Strikes Down the Private Fund Adviser Rules | JD Supra
JD Supra· 6 days agoThis week, the U.S. Court of Appeals for the Fifth Circuit vacated the private fund advisor rules (the “Final Rule”) adopted by the United States Securities Exchange Commission (the “SEC”).
Reported birth of rare white buffalo calf in Yellowstone park fulfills Lakota prophecy
Martinsville Bulletin· 2 hours agoThe reported birth of a rare white buffalo in Yellowstone National Park fulfills a Lakota prophecy...
Trump heads to Silicon Valley with eye on fundraising haul
BBC via Yahoo News· 6 days agoThe organisation recruits centrist candidates who want to make San Francisco a better place to...
Fifth Circuit Rules SEC Exceeded Its Authority in Adopting Private Fund Advisers Rule
The National Law Review· 5 days agoOn June 5, 2024, a three-judge panel in the U.S. Fifth Circuit Court of Appeals ruled that the Securities and Exchange Commission exceeded its statutory authority in adopting the so-called “ ...
Expert Perspectives on Biggest Court Cases
Law.com· 6 days agoThe Fifth Circuit this week found that sections 206(4) and 211(h) of the Advisers Act, which the SEC relied on to issue the rules, didn’t actually give...
SEC Private Fund Rule Struck Down by US Appeals Court | JD Supra
JD Supra· 2 days agoA U.S. appeals court struck down a newly adopted Securities and Exchange Commission (“SEC”) rule...