Seward & Kissel Webinar: SEC Spotlight: New Private Fund Rules

August 25, 2023

On August 23, 2023, by a vote of 3-2, the Securities and Exchange Commission (the “SEC”) adopted new final rules and amendments to existing rules under the Investment Advisers Act of 1940, as amended (the “Advisers Act”) with respect to the regulation of private fund advisers (the “Final Rules”). In the adopting release for the Final Rules (the “Adopting Release”), the SEC noted that the Final Rules are designed to protect investors who directly or indirectly invest in private funds by increasing visibility into certain practices involving compensation schemes, sales practices, and conflicts of interest through disclosure; establishing requirements to address such practices that have the potential to lead to investor harm; and restricting practices that are contrary to the public interest and the protection of investors.

During this webinar, Seward & Kissel investment management partners will provide an overview of the Final Rules, the effect on managers and investors and provide responses to frequently asked questions with respect to the Final Rules.

Date: September 27, 2023
Time: 12:00pm ET

Click here to register.