This article is also appearing on The Venture Alley and on Startup Law Blog . Per the
authors, readers may feel free to re-post this content elsewhere as well.
The world is changing for venture funds and similar funds
in Washington State, and not...
This past week, the SEC and CFTC jointly adopted rules
regarding the new Form PF that certain fund managers will need to file under
the Adviser's Act. The form will require advisers to disclosure
detailed information about their funds' holdings...
Crowdfunding may provide an interesting way for some
companies to raise capital. It's definitely getting a lot of the hype
since passage of the Jumpstart Our Business Startups ( JOBS ) Act
earlier this month. I've read articles talking about...
Identity theft is a serious problem. Title X of the
Dodd-Frank Wall Street Reform and Consumer Protection Act increased the scope
of firms that would be subject to federal regulatory requirements on identity
theft rules. The Securities Exchange Commission...
There are indications from Washington that hedge funds,
long exempt from anti-money laundering reporting rules, may soon be
brought into the fold under new rules proposed by the Treasury
Department's Financial Crimes Enforcement Network (FinCEN...
Weisbach Professor and Ralph W. Kurtz Chair in Finance at The Ohio State
University, and his colleagues, Ji-Woong Chung, Berk A. Sensoy and Léa H.
Stern, are looking at the effect of the pay for performance at private equity
The recent decision in Britt v. Twin City Fire Insurance Co. , C.A. No. 8SACV 12-1355-JST (JPRx), slip op. (C.D. Cal. June 26, 2013), highlights some important insurance considerations for private equity funds and the individuals they place...
Yesterday, Bruce Carton of Securities Docket hosted a
SEC's Asset Management Unit and Strategies for Avoiding Trouble in 2011 and
Beyond . He managed to get Bruce Karpati, the co-head of the SEC's Asset
Management unit, to participate...
Trading ahead of client accounts. Insider trading. Breach of fiduciary duty.
These were just some of the concerns that the SEC had when it adopted the requirement for investment advisers to establish policies to monitor employee personal trading in...
An EIA which summarizes the new
Form PF adopted on October 21, 2011 by the Securities and Exchange Commission.
This form is used to collect information from private fund advisers, primarily
to assist the Financial Stability Oversight Council ("FSOC"...
In a series of recent conversations with industry colleagues around the world, one of the recurring themes has been the growing risk of regulatory investigation and enforcement action companies outside the U.S. are facing. One very particular aspect of...
Finally, the SEC is going to take some action today on
the regulation of investment advisers, venture capital funds, and private fund
For years, they've been trying to get regulatory control
of private funds. Now they are going to...
On February 8, 2012, the
Commodity Futures Trading Commission ("CFTC" or
"Commission") issued final regulations that repeal the commodity pool
operator ("CPO") registration exemption widely used by the operators...
On July 24, 2013, in a case the court said was one of “first impression,” the First Circuit held that, due to the nature of its involvement in the management of its portfolio company’s operations, a private equity firm was potentially...
In addition to filing Form ADV with the SEC when they
register with the Securities and Exchange Commission, private fund managers
will also need to start filing Form PF next year.
The amount of information required by Form PF is tiered.