Bill Myers
With SEC rules scuttled, trade group seeks 'something that the industry can work together on collaboratively,' Neal Prunier says.
The spate of judgments against the SEC and other federal agencies could mean more regulation by enforcement over more clarity in rulemaking. And it may entrench the SEC’s recent penchant for litigation.
'We’re seeing more than just skepticism at both levels, it’s a general distaste for what is villainized – and sometimes mislabeled – as the private equity business model,' Holland & Knight's Bill Katz warns.
In wake of Fifth Circuit decision, rules should be scrapped or carve out private fund managers, groups claim.
‘Wrong framework’, ‘Just another opponent’
Protections weakened, LPs shoulder the burden; Exempt managers not ‘out of the woods’
The ‘back door’ for regulators
Why the US Court of Appeals decision was such a 'sledgehammer' to the SEC, and how ILPA sees a 'playbook' in future Fifth Circuit suits. Part one in a series of four.
Court hands big victory to private funds. Rifts in LP community may have aided the downfall of the regulatory package.
More than half of private equity and credit advisers struggle with extracted performance, Seward & Kissel survey finds.