Cooley LLP’s Post

Earlier this month, Gibson Dunn won a landmark legal challenge to an SEC rule that would have fundamentally changed the way private funds and their advisers are regulated.   Please join Eugene Scalia and Helgi Walker, the lead lawyers for the industry challengers to the rule, and Investment Funds Practice Group partners Shukie Grossman and Kevin Bettsteller for a webcast about the decision and what it means for private fund sponsors, including the potential impact on investor negotiations and SEC examination and enforcement practices.   Register for the webcast here: https://lnkd.in/eh5ryPW5   #SEC #PrivateFunds #InvestmentFunds

Excited that A. Valerie Mirko and I have just published our 3rd #podcast episode in our Securities Regulation and Enforcement Series and just recorded our 4th episode this morning that will come out next month. A big thank you to Deborah Meshulam for discussing insider trading with us. #insidertrading #securitiesregulation

Judge vacates SEC investor protection rule   A U.S. appeals court tossed out a federal rule intended to provide investors more protections and transparency that Wall Street argued would impose undue regulatory burdens and costs. A cohort of trade associations sued the Securities and Exchange Commission (SEC) last summer over new rules that would require hedge funds and private equity to report quarterly fees and expenses to investors and take on annual audits, among other changes.   https://lnkd.in/e9sbUrUM   #CroneLawGroup #InternationalLawFirm #SecuritiesLaw #CorporateFinance #LegalExpertise #CapitalMarkets #MergersAndAcquisitions The Crone Law Group, P.C.

Watch Pomerantz’s very own Dr. Daniel Summerfield speak with Quietroom's Wednesday Wisdom program about how institutional investors beyond the U.S. are beginning to use securities litigation to hold the companies they invest in accountable when those companies commit fraud. Watch more at: https://lnkd.in/ehnhnYjj   #securitieslaw #esg #institutionalinvestors

Join the webinar on Monday to hear lessons learned from the short-lived SEC Private Fund Adviser Rules.

The recent Court of Appeals decision vacating the SEC’s private fund rule has left firms and their attorneys in a state of uncertainty. Should they press on with compliance or pause and reassess? While large firms continue forging ahead, smaller ones are holding off. The vacated rule may still influence market practices and provide guidance on key issues. 3iCO is prepared to help should the landscape change and our clients need to act. Read our full client alert: https://bit.ly/4e9g643 #PrivateFunds #SEC #InvestmentAdvisors

Judge vacates SEC investor protection rule   A U.S. appeals court tossed out a federal rule intended to provide investors more protections and transparency that Wall Street argued would impose undue regulatory burdens and costs. A cohort of trade associations sued the Securities and Exchange Commission (SEC) last summer over new rules that would require hedge funds and private equity to report quarterly fees and expenses to investors and take on annual audits, among other changes.   https://lnkd.in/ehSPx-Sv   #CroneLawGroup #InternationalLawFirm #SecuritiesLaw #CorporateFinance #LegalExpertise #CapitalMarkets #MergersAndAcquisitions The Crone Law Group, P.C.

Pepper MarketScope The credit fund #secondaries market is booming, mirroring trends in #privateequity. Deals are shifting from distressed assets to #portfolios and #GP-led-transactions, with top GPs embracing them as the stigma around GP-led deals is fading and is getting replaced by focus on #terms and #discounts. Dedicated #creditsecondaries funds are emerging as well, but the capital constraints continue to exist. Its expected that as competition grows, the buyer pool might specialize in sub-strategies within credit secondaries. https://lnkd.in/gs3HDcww

Meet newly elevated counsel in Lowenstein’s Capital Markets & Securities practice, Stephen Zapf! Stephen advises clients on corporate transactions and securities laws, with an emphasis on life science companies. Stephen also assists clients with their corporate governance processes, securities compliance obligations, stock exchange rules, and proxy processes. Read Stephen's bio: https://bit.ly/3hvI5iI #capitalmarkets #securitieslaw #securities #lawyers

The U.S. Court of Appeals vacated the SEC's private fund adviser rules in their entirety, stating that the SEC exceeded its authority. Gain insight into the implications for fund advisors. https://okt.to/saPZHV #FundAdvisors #SEC #PrivateFunds #PrivateEquity