Compliance Newsflash – March 13, 2019

March 13, 2019

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Private Funds Litigation/Regulatory Year in Review and 2019 Outlook

On March 6, 2019, JD Supra reported that although the SEC did not bring as many headline enforcement actions against private funds as in years past, it continues to devote substantial resources and attention on investment advisers.


  • The SEC will maintain its scrutiny of disclosures to investors, fee allocations and conflicts of interest.
  • Private funds should continue to remain vigilant, including updating and improving compliance infrastructure and evaluating internal policies and procedures.
  • Cybersecurity remains a high enforcement priority, and advisers should review and update their cyber-related controls and response plans to ensure protection of investors’ information.

For more information, click here.

SEC Announces March 28 Meeting of Investor Advisory Committee

On March 12, 2019 the Securities and Exchange Commission announced the agenda for the March 28 meeting of its Investor Advisory Committee. The meeting will begin at 9 a.m. ET in the Multipurpose Room at SEC headquarters at 100 F Street, N.E., Washington, D.C. and is open to the public.  The meeting will be webcast live and archived on the committee’s website for later viewing.

For more information, click here.