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Paul Weiss | USA | 14 Jul 2009

Obama Administration releases proposed legislation to strengthen the SEC’s authority to protect investors

On July 10, 2009, the Obama Administration released proposed legislation titled the "Investor Protection Act of 2009" (the "Proposed Act"), which aims to strengthen the SEC’s authority to protect investors.


Paul Weiss | USA | 17 Jun 2009

Regulation of private fund advisers imminent

On June 17, 2009, the U.S. Department of the Treasury released President Barack Obama’s plan to overhaul the U.S. financial regulatory system entitled “Financial Regulatory Reform A New Foundation: Rebuilding Financial Supervision and Regulation” (the “Plan”).


Paul Weiss | USA | 23 Mar 2009

General partner facilitation of sales of limited partner interests

Given the volume of potential limited partner defaults this year, general partners are understandably very keen to help their limited partners in any way possible to avoid a default through a secondary sale of the limited partner interests.

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