Enforcement

Forum attendees stress that co-ordination between departments is crucial.

Iron Road Partners’ Igor Rozenblit – former co-head of the SEC's private funds unit – details concerns and red flags the regulator will be looking for following the passing of its private market rules last year.

Deal documents bound employees to expansive MNPI rules; division head also pushes co-operation for leniency in personal messaging cases, notes AI usage risks.

Risk alert identifies shortcomings in advisers' P&Ps which "resulted in gaps for preventing violations of the marketing rule, books and records rule, or both."

A recent settlement likely means the SEC is already investigating the private funds sector for compliance breaches related to electronic messaging.

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.

'Scary' case should worry small- and midsized managers, expert says.

There has been an 'explosion' in LP demands regarding compliance, according to attendees at Private Funds CFO Network’s European Forum earlier this month.

Cash recoveries down slightly from record-setting fiscal 2022, but caseload rises by 8%.

Penalties top $5bn, Grewal seeks 'three Es.'