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    • Federal Court Scraps SEC Private Fund Advisers Rule | JD Supra

      JD Supra· 1 day ago

      ...prohibited private fund advisers from engaging in certain restricted activities, such as using fund assets to pay for defense costs of government investigations of the adviser, without disclosure to and, in some circumstances, consent from investors; prohibited private fund advisers from offering...

    • Fifth Circuit Vacates Private Fund Adviser Rules | JD Supra

      JD Supra· 5 days ago

      ...Each component of the Final Rule was vacated, including the Private Fund Audit Rule, Private Fund Quarterly Statement Rule, Private Fund Adviser Restricted Activities Rule, Adviser-Led Secondaries Rule, Preferential Treatment Rule and Books and Records Rule Amendments.