SEC Private Fund Reform Rule Resources

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Regulatory change is here for Private Fund Managers 

The U.S. Securities and Exchange Commission (SEC) has now finalized five new rules as well as amendments to Rules 204-2 and 206(4)-7 under the Investment Advisers Act of 1940 (the Advisers Act), known as the Private Fund Reform Rule (IA-5955). With a publish date in the Federal Register of September 14, 2023, the clock is ticking for private fund managers to comply.

Our team can help you to adapt to the evolving regulatory landscape while considering the complexity of your firm’s unique compliance requirements. To help you get started, we've pulled together a few resources and insights you may find valuable as you navigate the path forward. 

Demystifying the Private Fund Reform Rule Webcast Series

Demystifying the Private Fund Reform Rule

The Private Fund Reform Rule (IA-5955) was adopted on August 23, 2023 after 18 months of discussions and changes to the proposed rules and amendments. The Final Rules 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.

Closing out at 660 pages, the Final Rules place a weighty burden on compliance professionals to decipher the language and determine next steps for compliance.

This webcast uncovered what these Rules will mean for your firm and provide actionable steps to prepare for the pending compliance date

Watch on demand

Private Fund Reform Rule Deep Dive - Quarterly Investor Reporting

This webcast will dig in to the new requirements for quarterly investor reporting, how it impacts firms, and provide actionable steps for compliance with these new requirements.

Thursday, September 21, 2023
9:00 AM PDT | 12:00 PM EDT | 5:00 PM BST

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Private Fund Reform Rule Deep Dive - Restricted Activities and Limitations to Preferential Treatment

This webcast will focus on restricted activities and limitations to preferential treatment imposed by the rule and provide actionable steps to prepare for the pending compliance date.

Thursday, October 5, 2023
9:00 AM PDT | 12:00 PM EDT | 5:00 PM BST

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

Join us as we break down the Audit Rule, adviser-led secondaries, and the new requirements for the annual compliance program review and provide actionable steps to prepare for the pending compliance date.

Thursday, October 19, 2023
9:00 AM PDT | 12:00 PM EDT | 5:00 PM BST

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