The SEC's Cooled Down But Still Spicy Private Fund Rules

By Timothy Spangler and Lindsay Trapp (December 7, 2023, 12:34 PM EST) -- On Aug. 23, the U.S. Securities and Exchange Commission finally adopted new and amended rules under the Investment Advisers Act. These final rules significantly alter the scope of obligations imposed on investment advisers to private investment funds, or private fund advisers.[1]...

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