To embed, copy and paste the code into your website or blog:
There were several important developments impacting private investment funds in 2020. The SEC continued to prioritize this area of the capital markets, and it issued important rules and guidance impacting private funds and investment advisers. There also were two important court rulings, one by the United States Supreme Court and one by the Delaware Supreme Court. This Article summarizes the most important developments in the private fund space – in chronological order.
OCIE Examination Priorities
On January 7, 2020, the SEC’s Office of Compliance Inspections and Examinations (OCIE) started off the year by announcing its examination priorities. OCIE identified a continued focus on registered investment advisers, including for private funds. Among other things, OCIE explained that it would focus on potential conflicts when an investment adviser provides services to both private funds and to other accounts.
Vice President-elect Kamala Harris.
Carolyn Kaster/AP Photos
Kamala Harris made history in August 2020 as the first woman and first Black and South Asian woman to accept the vice-presidential nomination alongside former Vice President Joe Biden. Harris, a United States senator for California, also previously served as the attorney general of California.
After being confirmed as vice president-elect on November 7, Kamala Harris addressed the nation from Wilmington, Delaware, saying, While I may be the first woman in this office, I will not be the last, because every little girl watching tonight sees that this is a country of possibilities.
Harris also spoke out against the pro-Trump riot at the Capitol in January 2021 and the police response, saying, We witnessed two systems of justice when we saw one that let extremists storm the United States Capitol, and another that released tear gas on peaceful protesters last summer .We know this is unacceptable. We know we should be bett
AG Paxton Announces Appointment of Judd Stone to Solicitor General and Departure of Kyle Hawkins einnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from einnews.com Daily Mail and Mail on Sunday newspapers.
The United States Supreme Court has issued an opinion in a bankruptcy case involving retention of debtor property. The court held that the mere retention of