United States: New SEC Private Fund Adviser Rules: Application To Non-U.S. Advisers - Torys LLP
Tuesday, 12 September 2023 On August 23, 2023, the Securities and Exchange Commission (SEC) released final rules under the Investment Advisers Act of 1940 (Advisers Act), focused on private fund disclosures and sponsor practices (New Rules).
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As discussed in the recent Ropes & Gray Alert "SEC Adopts New Private Fund Adviser Rules", the SEC adopted new private fund reforms on August 23, 2023. Mondaq
Many readers will be aware that, on 23 August 2023, the SEC adopted its final Private Fund Adviser Rules (Rules), a significant update to the US' regulation of... Mondaq
On August 23, 2023, the SEC adopted new rules and amendments to existing rules (collectively, the "New Rules") under the Investment Advisers Act of 1940... Mondaq