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Nicholas Donato

The Securities and Exchange Board of India is reportedly considering tinkering its rules on private investment funds. 
Federal regulators appear ready to issue new Section 956 proposals, an area of Dodd-Frank that will hit GPs’ wallets in unclear ways. 
Alpha Titans will pay roughly $700k in fines for using fund assets to pay for overhead expenses without sufficient disclosure.   
Barbara Anderson will oversee the firm’s financial reporting and compliance function. 
While LP demand for responsible investment is fairly consistent across borders, GPs are adopting different approaches to ESG based on geography. 
New York’s chief financial regulator is making cybersecurity a top priority for the foreseeable future.  
As part of a round of promotions and hires, Karan Darroch was named the UK firm’s finance and operations manager.
Former Federal Reserve chairman Paul Volcker is calling for a complete overhaul of the US financial regulatory system. 
The SEC’s top inspector, Andrew Bowden, will join Jackson National Life at the end of the month.
Striking a populist chord with voters, the presumptive Democrat nominee said it was unfair that fund managers pay a lower tax rate than truckers. 
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