Articles Written by

SEC Adopts Additional Disclosure Requirements for Private Funds

SEC continues to push for greater visibility into hedge funds and private equity funds. Adopted amendments require large hedge fund advisers to disclose information regarding certain losses and other market events within 72 hours. Elements of the adopted amendments were pared back relative to January 2022 proposed amendments in response to comments. Background On May […]

The Curious Case of the Hidden FAQ

SEC staff issued an FAQ regarding consideration of diversity, equity, and inclusion factors by investment advisers when selecting or recommending other investment advisers in compliance with an adviser’s fiduciary duty. The FAQ raises more questions than answers. On October 13, 2022, the Securities and Exchange Commission (SEC) staff issued an FAQ (a response to a […]

SEC Seems Set on Blocking Spot Bitcoin ETPs

“We took over this station because the SEC wants to hear from investors like you.” [1] For nearly two months, commuters at Washington D.C.’s Union Station — just steps from the SEC’s offices — were treated to an unusual barrage of Grayscale advertisements. The ads constituted the capstone of Grayscale’s aggressive PR campaign to garner […]