Bill Myers
With SEC rules scuttled, trade group seeks 'something that the industry can work together on collaboratively,' Neal Prunier says.
Court hands big victory to private funds. Rifts in LP community may have aided the downfall of the regulatory package.
The SEC’s 'whole rulebook' is at stake with upcoming judgement.
On accelerated monitoring fees and indemnities, regulators discover they have had the power all along – bad news for those who would have challenged the relevant initial proposals from the SEC in court.
The commission's new rules are softer than the original proposal, but still impose rigid disclosures on exempt advisers.
GPs will soon have to report on sponsor-initiated secondaries deals within 60 days from the end of each quarter, after the US regulator voted through the proposals Wednesday.
Chastened by his own party, the chairman focuses on ESG, market structure reforms.
Earlier efforts to reform carried interest taxation had stalled, before US Senator Joe Manchin announced on Wednesday that he and Senate Majority Leader Chuck Schumer had worked out a deal.
Proposal uses present tense, not future tense, and industry is worried
Chris Hayes, ILPA’s top lobbyist, is leaving. ILPA has already chosen a replacement.