Private Fund Report—Summary of Key Developments—Summer 2017
By The Investment Management, Private Investment Funds, Securities Litigation, Tax & Investigations and White Collar Defense Practices
This continues to be a time of rapid change for the private investment funds industry, as the Securities and Exchange Commission (the “SEC”), the Commodity Futures Trading Commission (the ”CFTC”), and various other regulatory agencies, including the Department of the Treasury (the ”Treasury”), continue to propose and finalize rules and issue guidance relating to private funds and fund managers. In addition, the SEC and private plaintiffs have continued to bring enforcement actions and litigation involving private funds and fund managers.
This report provides an update since our last