Cooley LLP’s Post

Earlier this month, Gibson Dunn won a landmark legal challenge to an SEC rule that would have fundamentally changed the way private funds and their advisers are regulated.   Please join Eugene Scalia and Helgi Walker, the lead lawyers for the industry challengers to the rule, and Investment Funds Practice Group partners Shukie Grossman and Kevin Bettsteller for a webcast about the decision and what it means for private fund sponsors, including the potential impact on investor negotiations and SEC examination and enforcement practices.   Register for the webcast here: https://lnkd.in/eh5ryPW5   #SEC #PrivateFunds #InvestmentFunds

Excited that A. Valerie Mirko and I have just published our 3rd #podcast episode in our Securities Regulation and Enforcement Series and just recorded our 4th episode this morning that will come out next month. A big thank you to Deborah Meshulam for discussing insider trading with us. #insidertrading #securitiesregulation

Nothing in the prior SEC rule making, interpretive guidance, or enforcement actions foresaw the current dealer litigation issue. The SEC litigation put a chill on convertible note investing and has left the entire world of hedge funds, family offices, day traders, and serial PIPE investors wondering if they can rely on previously issued SEC guidance and practice on the dealer question. #SecuritiesLawBlog #SEC #ALCLAW

Nothing in the prior SEC rule making, interpretive guidance, or enforcement actions foresaw the current dealer litigation issue. The SEC litigation put a chill on convertible note investing and has left the entire world of hedge funds, family offices, day traders, and serial PIPE investors wondering if they can rely on previously issued SEC guidance and practice on the dealer question. #SecuritiesLawBlog #SEC #ALCLAW

Nothing in the prior SEC rule making, interpretive guidance, or enforcement actions foresaw the current dealer litigation issue. The SEC litigation put a chill on convertible note investing and has left the entire world of hedge funds, family offices, day traders, and serial PIPE investors wondering if they can rely on previously issued SEC guidance and practice on the dealer question. #SecuritiesLawBlog #SEC #ALCLAW

Judge vacates SEC investor protection rule   A U.S. appeals court tossed out a federal rule intended to provide investors more protections and transparency that Wall Street argued would impose undue regulatory burdens and costs. A cohort of trade associations sued the Securities and Exchange Commission (SEC) last summer over new rules that would require hedge funds and private equity to report quarterly fees and expenses to investors and take on annual audits, among other changes.   https://lnkd.in/ehSPx-Sv   #CroneLawGroup #InternationalLawFirm #SecuritiesLaw #CorporateFinance #LegalExpertise #CapitalMarkets #MergersAndAcquisitions The Crone Law Group, P.C.

Join the webinar on Monday to hear lessons learned from the short-lived SEC Private Fund Adviser Rules.

Judge vacates SEC investor protection rule   A U.S. appeals court tossed out a federal rule intended to provide investors more protections and transparency that Wall Street argued would impose undue regulatory burdens and costs. A cohort of trade associations sued the Securities and Exchange Commission (SEC) last summer over new rules that would require hedge funds and private equity to report quarterly fees and expenses to investors and take on annual audits, among other changes.   https://lnkd.in/e9sbUrUM   #CroneLawGroup #InternationalLawFirm #SecuritiesLaw #CorporateFinance #LegalExpertise #CapitalMarkets #MergersAndAcquisitions The Crone Law Group, P.C.

The recent Court of Appeals decision vacating the SEC’s private fund rule has left firms and their attorneys in a state of uncertainty. Should they press on with compliance or pause and reassess? While large firms continue forging ahead, smaller ones are holding off. The vacated rule may still influence market practices and provide guidance on key issues. 3iCO is prepared to help should the landscape change and our clients need to act. Read our full client alert: https://bit.ly/4e9g643 #PrivateFunds #SEC #InvestmentAdvisors

Nothing in the prior SEC rule making, interpretive guidance, or enforcement actions foresaw the current dealer litigation issue. The SEC litigation put a chill on convertible note investing and has left the entire world of hedge funds, family offices, day traders, and serial PIPE investors wondering if they can rely on previously issued SEC guidance and practice on the dealer question. #SecuritiesLawBlog #SEC #ALCLAW