SEC’s Use of In-House Administrative Law Judges Challenged
A private equity adviser questioned the practice, which could make other SEC enforcement actions eligible for a rehearing.
Recent Deals
Huron Capital’s XLerate Group Completes Seventh Add-on Acquisition
This is XLerate's seventh add-on acquisition, which grows Huron's regional scope in the Southeast U.S.
Capitala Group Announces $33.0 Million Investment in Chicken Soup for the Soul, LLC
Middle market private equity firm Capitala Group recently announced an investment in popular story publisher Chicken Soup for the Soul.
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.
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.
