12 June 2024
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Controversial SEC private funds rule ruled unlawful by US court

To The Point
(4 min read)

In 2023, the US Securities and Exchange Commission (SEC) adopted new rules and regulations for US-based private funds.  The new rules included a requirement to provide information about fees and expenses and restrictions on the granting of favourable terms to individual investors.  Last week, a US Court of Appeals ruled that the SEC had exceeded its jurisdiction and vacated the new rule.  This blog considers some of the implications of this ruling for institutional investors.

What is the court ruling about?
What are the key implications for institutional investors

To the Point 

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