Collateral Consequences: What Does the Expanding Advisers Act Regulatory Regime Mean for Private Fund Managers? (Volume 57, Number 1—January 10, 2024)
Author: Christine A. Schleppegrell.; Thomas J. Crociata.
Source: Volume 57, Number 01, January 1 2024 , pp.1-11(11)
Abstract:
Last year, the U.S. Securities and Exchange Commission adopted landmark rulemaking impacting the $26.6 trillion private fund industry. While most are still navigating the nuances of the new rules, it is clear that the consequences will be global.Keywords: Private Fund Adviser Rule; Quarterly Statement Rule; Audit Rule; Adviser-Led Secondaries Rule; Restricted Activities Rule; Preferential Treatment Rule
Affiliations:
1: Morgan Lewis & Bockius LLP; 2: Morgan Lewis & Bockius LLP.