In a speech before the Private Equity International Conference yesterday, Bruce Karpati, the chief of the Asset Management Unit of the SEC Enforcement Division reiterated
Securities and Exchange Commission (“SEC”) staff has suggested greater involvement and concern by Division of Enforcement staff with respect to examinations of registered investment advisers,
Private fund managers have been able to avoid registering with the SEC by limiting the number of funds they advised to fewer than 15. Now,
SEC Enforcement Examinations? Mr. Karpati indicated that “these Units work to generate expertise for the Division of Enforcement” and that “they consult on exams;
There were a number of important regulatory developments in November, which we will cover in detail over the coming weeks. Here are the top three
Another Record Year of Enforcement Actions against Investment Advisers The SEC has just released its most recent statistics on its enforcement program. Numerous actions were
On October 17, the Securities and Exchange Commission (“SEC”) charged New Jersey-based Yorkville Advisors LLC (“Yorkville”), its founder Mark Angelo (“Angelo”), and its Chief Operating
After the Commodity Futures Trading Commission (“CFTC”) rescinded certain exemptions numerous advisers must now evaluate their registration requirements (please see our previous communiqués here on
After the Commodity Futures Trading Commission (“CFTC”) rescinded certain exemptions, numerous advisers must now evaluate their registration requirements (please see our previous communique here on the
After the Commodity Futures Trading Commission (“CFTC”) rescinded certain exemptions, numerous advisers must now evaluate their registration requirements (please see our previous communique here on the
