Alerts2.15.22

Proposed SEC Rule Would Expand Private Fund Compliance Obligations, Investor Protections

SEC

Highlights

In early February 2022, the SEC issued a proposed rule that reflects a significant shift in the agency’s approach to private fund regulations 

Under the proposed rule, SEC-registered private fund advisers would face new disclosure and reporting obligations 

The rule would also prohibit a number of practices that are currently commonplace in the private funds industry


On Feb. 9, 2022, the Securities and Exchange Commission (SEC) voted to propose a rule that, if implemented in its current form, would have far-reaching implications for investment advisers to private funds. 

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