Dorothy D Mehta

Nov 7, 2024 | friedfrank.com | Jonathan Adler |Lawrence N. Barshay |Gregg Beechey |Jeremy Berry |Robert Blumenfeld |William J. Breslin | +42 more

Client memorandum | November 7, 2024 Authors: Michael L. Sherman, Michael Gershberg, Nihal Patel, Joanna RosenbergOn October 21, 2024, the Division of Examinations (”EXAMS”) of the Securities and Exchange Commission (“SEC”) published its examination priorities for 2025 (the “2025 Priorities”).[1] EXAMS’ examination priorities are released annually and are designed to preview key areas where EXAMS intends to focus its resources.

Sep 26, 2024 | friedfrank.com | William J. Breslin |Dorothy D Mehta |David Mitchell |Jonathan Adler |Lawrence N. Barshay |Gregg Beechey | +19 more

Client memorandum | September 26, 2024 Authors: William Breslin (Washington, DC), Dorothy Mehta (New York), David S.

Sep 26, 2024 | lexology.com | William J. Breslin |Dorothy D Mehta |David Mitchell

Summary The Commodity Futures Trading Commission (the “Commission” or “CFTC”) has adopted certain amendments to CFTC Regulation 4.7 (“Rule 4.7” or “4.7”), a rule that provides broad exemptive relief from the Part 4 disclosure, reporting, and recordkeeping requirements for registered commodity pool operators (“CPOs”) and commodity trading advisors (“CTAs”) in connection with pools and separate accounts which are offered exclusively to certain categories of “highly accredited” persons referred...

Sep 25, 2024 | friedfrank.com | Gregg Beechey |Zac Mellor-Clark |Cameron Mitcham |Nishkaam Paul |Emirali Mustafa |Jonathan Adler | +23 more

Client memorandum | September 25, 2024 Authors:Gregg Beechey, Zac Mellor Clark, Cameron Mitcham, Nishkaam Paul, Emirali MustafaThere was no summer lull on the regulatory front as the third quarter of 2024 saw some key regulatory updates, in particular the apparent conclusion of the long-running saga of the ELTIF RTS and the continued divergence of the UK and EU regulatory regimes.

Jun 6, 2024 | findknowdo.com | Steven Lofchie |Dorothy D Mehta

In a unanimous (3-0) decision, the United States Court of Appeals for the Fifth Circuit vacated the SEC's Private Fund Advisers Rule (the "Rule"). In National Association of Private Fund Managers v SEC, the Fifth Circuit determined that existing law did not provide the SEC the authority to issue rules covering private investment funds.