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    • Fifth Circuit Rules SEC Exceeded Its Authority in Adopting Private Fund Advisers Rule

      The National Law Review· 1 day ago

      ... exceeded its statutory authority in adopting the so-called “Private Fund Advisers Rule” (or the Rule) and, accordingly, vacated the Rule in full.[1] The Court’s interpretation of the SEC’s rule-making authority over private fund sponsors under Section 206(4) and 211(h) of the Investment Advisers...

    • SEC.gov | Andreas Bechtolsheim

      U.S. Securities and Exchange Commission· 12 hours ago

      U.S. SECURITIES AND EXCHANGE COMMISSION Litigation Release No. 26014 / June 3, 2024 Securities and Exchange Commission v. Andreas Bechtolsheim, Civ. Action No. 5:24-cv-01845-PCP (N.D. Cal. filed ...