‘Every manager has to go through an analysis of their structure,’ attorney warns,
Olibia Stamatoglou discusses how her firm is navigating rising regulatory pressures in an exclusive video interview, from Private Funds CFO’s New York Forum.
The industry has long fought off attempts at this kind of regulation, but many seem to accept it as inevitable, if not necessary.
‘There’s a lot of frustration in the industry right now,’ says Goodwin partner Greg Larkin.
Whatever happens to the SEC rules, the trade group hopes the industry can unite to raise the floor on transparency.
Fourth proposal in two decades would apply Bank Secrecy Act rules to registered, exempt fund advisers.
Scalia says rules will cost industry $5.4bn per year if left standing.
Peirce decries ‘fancy legal footwork’ in guidance
An adviser CCO tells of a recent SEC exam that deeply probed the adviser’s due diligence into its pricing services used for establishing valuations.
Case could 'open the floodgates' to class-action suits, business groups claim