Next Steps After 5th Circ. Nixes Private Fund Adviser Rules

By Sheena Paul, Marc Ponchione and Charu Chandrasekhar (June 17, 2024, 5:22 PM EDT) -- In a major win for the private funds industry, the U.S. Court of Appeals for the Fifth Circuit on June 5 unanimously struck down the new rules adopted by the U.S. Securities and Exchange Commission applicable to investment advisers to private funds.[1]...

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