Thursday, October 12 • 12:00 – 1:00 p.m. ET
The August SEC vote to adopt enhanced regulations of private fund advisers, as well as update the Compliance Rule for all investment advisers, quickly catalyzed a law suit brought against the SEC by six private equity and hedge fund trade groups days after the new private fund reforms went into effect. The suit filed on September 1, 2023 aimed to block the new private fund reforms; however, the rule is and will remain final unless vacated by the court, so compliance professionals should start preparing now.
During the webinar, Amber Allen, Fairview General Counsel and Executive Vice President, and Genna Garver, Troutman Pepper Partner, discussed legal and compliance considerations such as the Restricted Activities Rule, Legacy Status, the Preferential Treatment Rule, and more. In addition, the session details important next steps for private fund advisers.