Private Fund Adviser Rules Deep Dive - Audit Rule, Adviser-Led Secondaries, & Documenting of Annual Compliance Program Reviews


The Private Fund Adviser Rules (IA-5955) are arguably the biggest regulatory development for the industry since the Dodd-Frank Act, and will impact both SEC-registered and unregistered private fund managers. With a nearly 660 page Adopting Release, the Final Rules place a weighty burden on compliance professionals to decipher the language and determine next steps for compliance.

Join us as we break down the new and amended rules governing fund audits, adviser-led secondaries, and documenting the annual compliance program review. This webcast will discuss the scope, timing, specific requirements, and practical implications of these aspects of the Private Fund Adviser Rules. We will explore ways that advisers can comply with the new rules, as well as likely implications for existing rule requirements.


  • Joshua Broaded, Partner, Head of Regulatory Compliance, ACA Group
  • Manny Halberstam, Counsel, Private Funds Practice, Simpson Thacher & Bartlett LLP