Advisories August 25, 2023

Investment Funds Advisory: Private Fund Advisers Rule and Reforms

Our Investment Funds Team analyzes the Securities and Exchange Commission’s Final Rule that, while softened from the Proposed Rules, will significantly impact how private fund advisers can do business.

  • The SEC considered comment letters it received while still pushing forward efforts to protect private fund investors and to curtail conflicts of interest
  • The bulk of the rule restricts (rather than prohibits) certain activities and requires disclosure
  • Most of the new rules take effect in 12 or 18 months

Read the Advisory button

For more information, please contact someone from our Investment Funds Team.

Media Contact
Alex Wolfe
Communications Director

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