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The Securities and Exchange Commission (SEC) has adopted the most significant changes to regulating private funds and private fund advisors since 2010. The changes expand the.

United statesCarolinea crenshawExchange commissionUnited states courtFund advisorsFund advisors including exempt reportingFederal registerAll private fund advisorsIncluding exempt reporting advisorsAdvisors actWritten notice regarding economic termsExisting investorsRelating onlyRegistered private fundCompliance ruleFifth circuit