Private Fund Advisers Should Prep Now For New SEC Rules

By David Blass, Meredith Abrams and David Nicolardi (September 14, 2023, 4:03 PM EDT) -- In a 3-2 vote last month, the U.S. Securities and Exchange Commission adopted a controversial new set of rules augmenting the regulation of investment advisers of private funds. The final private fund adviser rules contain some significant modifications from those that were proposed in February 2022, and do not adopt the most aggressive substantive regulations....

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