Compliance

The SEC concluded one of its most active years in proposed and adopted industry-altering regulatory rules for private fund managers that will greatly impact the way they conduct business, now and into the future. Here is a breakdown of the most important updates of 2023.

The SEC recently passed the new Private Fund Adviser Rules on August 23, 2023, which differ tremendously from the proposed rules introduced back in February 2022. To help private fund advisers be better prepared, the Silver Compliance team has put together a guide outlining the most important takeaways from these amendments, as well as the timelines to compliance.

Silver’s Fizza Khan, CEO, and Tyler Schoenberg, Compliance Manager, published an article in the New York Law Journal about the SEC’s continued “regulation by enforcement” crusade and the new enforcement actions being brought against crypto exchanges without evidence of fraud or wrongdoing.

CCO liability remains top of mind for C-Suite executives. Silver’s CEO, Fizza Khan, will be participating in an upcoming webinar with Jessica Thayer, Senior Vice President at Starkweather & Shepley Insurance, to address this important topic and help CCOs stay out of the SEC’s crosshairs.

Silver’s CEO, Fizza Khan, and Compliance Manager, Tyler Schoenberg, recently provided commentary to FundFire about the SEC’s settlement with Insight Partners in an enforcement case alleging the venture capital and buyout manager charged excess management fees to clients. Read the full article here.

CCO liability remains top of mind for C-Suite executives, particularly in today’s heightened regulatory environment. Silver’s CEO, Fizza Khan, co-authored a byline in CEP Magazine with Jessica Thayer, Senior Vice President at Starkweather & Shepley Insurance, that offers tips on how CCOs can stay out of the SEC’s crosshairs.