Brian K. Kidd

Sep 26, 2024 | lexology.com | Adam L. Braverman |Charles Duross |Edward A. Imperatore |Brian K. Kidd |James Koukios |Brian Michael | +1 more

Key TakeawaysOn September 23, 2024, the Criminal Division of the U.S. Department of Justice (DOJ) revised its Evaluation of Corporate Compliance Programs or ECCP (the “September 2024 ECCP”).

Jun 13, 2024 | jdsupra.com | Val Dahiya |Kelley A. Howes |Brian K. Kidd

Summary On June 5, 2024, a three-judge panel of the U.S. Court of Appeals for the Fifth Circuit (the “Fifth Circuit”) unanimously vacated the “Private Fund Adviser Rules,”[1] which the U.S. Securities and Exchange Commission (the SEC) adopted in August 2023, with compliance dates beginning September 14, 2024.[2] The Fifth Circuit found that in adopting the rules, the SEC exceeded its statutory authority under Section 206(4) and Section 211(h) of the Investment Advisers Act of 1940 (the...