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Results: 1-10 of 47

SEC Settles with Private Equity Fund Adviser Charged with Acting as an Unregistered Broker
  • Ropes & Gray LLP
  • USA
  • June 8 2016

In a case that may reflect a notable change in the SEC’s views on broker-dealer registration issues in the private equity industry, a private equity


DOL Issues “Conflict of Interest” Rule on Investment Advice: Fiduciary Net Will Widen on April 10, 2017
  • Ropes & Gray LLP
  • USA
  • April 13 2016

A comprehensive new rule issued by the Department of Labor (the "DOL") on April 6 will make a much wider group of advisers subject to fiduciary


Sun Capital Partners on Remand: District Court Rules that Related Funds Formed a Partnership-in-Fact Engaged in a Trade or Business
  • Ropes & Gray LLP
  • USA
  • April 5 2016

In a recent decision with important implications for private equity funds and their sponsors (Sun Capital Partners v. New England Teamsters), the U.S


SEC brings first action against a private equity fund adviser for misallocation of portfolio company expenses
  • Ropes & Gray LLP
  • USA
  • September 23 2014

On September 22, 2014, the Securities and Exchange Commission ("SEC") charged private equity fund adviser Lincolnshire Management, Inc


SEC announces charges against Arizona-based fund manager in expense misallocation scheme
  • Ropes & Gray LLP
  • USA
  • July 21 2014

In February, the SEC announced charges against an Arizona-based private equity fund manager and his advisory firm in connection with a scheme to


SEC charges Manhattan-based private equity manager with stealing $9 million in investor funds
  • Ropes & Gray LLP
  • USA
  • July 21 2014

The SEC recently charged a Manhattan-based private equity manager and his firm with stealing $9 million from investors in their private equity fund


European Commission decision implicates the parental liability of private equity funds
  • Ropes & Gray LLP
  • European Union
  • July 21 2014

Earlier this month, the European Commission penalized a group of high voltage power cable producers for operating as an illegal cartel and


SEC issues guidance on application of custody rules to special purpose vehicles and escrows
  • Ropes & Gray LLP
  • USA
  • July 1 2014

The Division of Investment Management of the Securities and Exchange Commission (the SEC) recently released an IM Guidance Update with respect to the


SEC issues broker-dealer no-action letter of interest to private equity firms
  • Ropes & Gray LLP
  • USA
  • February 11 2014

On January 31, 2014, the SEC's Division of Trading and Markets issued an important no-action letter stating that "M&A Brokers," defined as persons


Volcker Rule final regulations: the effect on Private Fund sponsors and investors
  • Ropes & Gray LLP
  • USA
  • December 16 2013

In time for the holidays, the long-awaited Volcker Rule final regulations arrived on Tuesday, December 10, 2013. Many of the comments of domestic