Navigating the Recent SEC Private Fund Rule Proposals | Session Three: Considerations for Open-End Fund Managers

Navigating the Recent SEC Private Fund Rule Proposals

The SEC has recently engaged in a flurry of rulemaking activity that would significantly impact asset managers that advise private funds. In February, the SEC proposed rules that, if adopted, would represent the most significant changes to the regulation of private funds and their advisers since the Dodd-Frank Act, and a fundamental shift in how private funds are regulated. These proposed rules would impose substantive regulation on an industry that currently is subject to a largely disclosure-based regime. While it remains to be seen what will be in the final rules, advisers should be aware of what is in these proposals and how they may impact their operations.

In light of this, Dechert is hosting a series of webinars to discuss the proposals and their relevance for: closed-end fund managers; open-end fund managers; and non-U.S. fund managers with U.S. investors.

Session 3: Considerations for Open-End Fund Managers
Topics will include:

• Preferential treatment/side letters
• Liability standard
• Fee/expense allocations
• Quarterly statements/reporting

Date/Timing:
Wednesday, July 20, 2022
2:00 p.m. – 3:00 p.m. EDT
11:00 a.m. – 12:00 p.m. PDT

For queries, please contact Nikki Bazemore.

If you are a reporter and would like to attend this event, please contact pressteam@dechert.com.

Continuing Legal Education (CLE):
Application for accreditation of this program for Continuing Legal Education (CLE) in California, Connecticut, Illinois and New York is currently pending.