Title

Private Equity Regulatory Update - August 2020
Client Newsletter

Created date

8/31/2020

Rules and Regulations

  • SEC Modernizes the Accredited Investor Definition

Industry Update

  • OCIE Publishes Risk Alert on Select COVID-19 Compliance Risks and Considerations for Broker-Dealers and Investment Advisers
  • OCIE Issues Ransomware Alert


Litigation

  • Investment Advisers Settle with SEC Regarding Alleged Misrepresentations About Payments Received for Customer Order Flow
  • SEC Announces Charges Against Chief Executive Officer of Investment Adviser for Alleged “Multi-Year Effort to Fraudulently Inflate Value and Returns”
  • Investment Adviser Settles SEC Allegations of Unfair Trade Allocation and Related Compliance Failures