News & Events

Funds Partner David Blass was featured in a series of Regulatory Compliance Watch articles examining the SEC’s new Form PF rules, which alter the frequency and requirements that registered private fund advisers must adhere to when reporting certain events that may indicate stress or the potential for investor harm. The articles offer a discussion on the shift behind the Form PF rules and practical tips for approaching the changes that were included. David provided insights on the new rules, indicating that, “From a big picture perspective, the new Form PF rule in and of itself will have some operational challenges, but it’s not a big-bang change—at least not for private equity advisers.” He goes on to say, “But you have to interpret this rule in the broader context of the SEC’s regulatory agenda. It’s one of many pieces to a puzzle that’s problematic for private equity advisers, especially the smaller ones.”

To read the full articles, please click here and here (subscription required).