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SEC Adopts Controversial And Sweeping Changes To Private Fund Rules; Requires Documentation Of Annual Compliance - Fund Finance

On August 23, the Securities and Exchange Commission (SEC) voted 3-2 (with Commissioners Peirce and Uyeda dissenting) in favor of adopting new and amended rules. ....

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SEC Adopts Controversial And Sweeping Changes To Private Fund Rules; Requires Documentation Of Annual Compliance - Fund Finance

On August 23, the Securities and Exchange Commission (SEC) voted 3-2 (with Commissioners Peirce and Uyeda dissenting) in favor of adopting new and amended rules. ....

Fund Audits Rule , Exchange Commission , Applicable To All Private Fund Advisers Including , Fund Advisers , Fees For Unperformed Services , Commissioners Peirce , Investment Advisers Act , Advisers Act , Registered Private Fund , Fund Audits , Advisers Act Rule , Custody Rule , Safeguarding Rule , Federal Register , Led Secondaries , All Private Fund Advisers , Including Exempt , Reporting Advisers , Compliance Fees , Pro Rata Fee Allocations , Transparency Preference , Prospective Investors , Current Investors , Annual Compliance Reviews , Notable Changes , Adviser Fiduciary ,