False Claims Lead CCO to Trouble with SEC
This enforcement action is a good reminder for chief compliance officers to make sure information is accurate on Form ADV filings.
Recent Deals
New York Provides Over $600 Million to Private Capital Funds
New York State committed over $600 million to private equity managers in November, down from the previous month's sum of over $1.1 billion.
Chicago Teachers’ Pension Fund Wants Diverse Managers for Middle-Market Strategy
The nation's fourth-largest school district is looking minority-owned, women-owned and persons-with-disabilities-owned private equity firms.
Webinar to Focus on Opportunity Zones
Opportunity Zones were designed to steer dollars towards traditionally underserved communities. To learn more, register for the upcoming ACG-Wipfli webinar.
Volcker Rule Proposal Would Open Up Some Banks to Private Equity
A joint proposal to alter the Volcker Rule would open up banks to private equity firms and hedge funds–but would exclude community banks.
Changes Coming to SEC Staff
The SEC will appoint a new commissioner after Kara Stein left the agency earlier this month and Dan Kahl has been named Deputy Director of the OCIE.
OCIE Publishes Risk Alert Regarding Use of Electronic Communications
The SEC's branch in charge of compliance recently published a warning to remind advisers to comply with rules regarding electronic communications.
OCIE Releases 2019 Examination Priorities
The SEC's compliance wing recently announced its examination priorities for 2019, providing a preview of key areas it intends to focus its resources.
Recapitalization and Name Change for Reich Bros Structured Finance, LLC
Reich Brothers Holdings recently announced the recapitalization of its affiliated finance company, now known as Reich Bros Structured Finance.
BP Energy Partners Purchases Controlling Interest in Cryopeak LNG Solutions
MIddle market private equity firm, BP Energy Partners, recently announced the acquisition of liquid natural gas provider Cryopeak.
