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Dec 5, 2024 | 
mondaq.com | Joshua M. Newville |Robert Pommer
PR
Proskauer Rose LLP
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The world’s leading organizations and global players choose Proskauer to represent them when they need it the most. Our top tier team of star trial attorneys, acclaimed transactional lawyers and exceptionally talented partners and associates have earned a reputation for the relentless pursuit of perfection and a dauntless pursuit of success.
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Dec 4, 2024 | 
jdsupra.com | Joshua M. Newville |Robert Pommer
On November 22, 2024, the SEC’s Division of Enforcement announced its Enforcement Results for Fiscal Year 2024. Below are some key takeaways for fund managers: Total enforcement actions were down from recent years. The Commission brought 583 total enforcement actions in FY 2024, which represents a 25% decrease from FY 2023’s 784 actions. The SEC filed 431 new standalone enforcement actions, representing a 14% decrease from the prior year (501).
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Dec 4, 2024 | 
natlawreview.com | Joshua M. Newville
Skip to main content December 04, 2024 Volume XIV, Number 339 Legal Analysis. Expertly Written. Quickly Found.
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Nov 20, 2024 | 
mondaq.com | Frank Zarb |Rachel Lowe |Aliza Cinamon |Joshua M. Newville
PR
Proskauer Rose LLP
More
The world’s leading organizations and global players choose Proskauer to represent them when they need it the most. Our top tier team of star trial attorneys, acclaimed transactional lawyers and exceptionally talented partners and associates have earned a reputation for the relentless pursuit of perfection and a dauntless pursuit of success.
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Sep 27, 2024 | 
jdsupra.com | Joshua M. Newville |Robert Pommer |Louis Rambo
Following its adoption almost one year ago of amended rules accelerating filing deadlines for Schedules 13G and 13D (and the imminent effectiveness of the new deadlines for 13Gs), the SEC has continued to bring enforcement cases focusing on the timing of initial filings, amendments, and transitions from Schedule 13G to 13D, as well as Section 16 filings.
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Sep 26, 2024 | 
lexology.com | Frank Zarb |Louis Rambo |Joshua M. Newville |Robert Pommer |Robert Sutton
Following its adoption almost one year ago of amended rules accelerating filing deadlines for Schedules 13G and 13D (and the imminent effectiveness of the new deadlines for 13Gs), the SEC has continued to bring enforcement cases focusing on the timing of initial filings, amendments, and transitions from Schedule 13G to 13D, as well as Section 16 filings.
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Sep 9, 2024 | 
jdsupra.com | Joshua M. Newville |Robert Pommer |Robert Sutton
In a significant enforcement action, the SEC sanctioned a private fund manager for failing to establish and maintain adequate policies and procedures to prevent the misuse of material nonpublic information (MNPI) while trading in securities issued by collateralized loan obligation vehicles (CLOs).
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Sep 9, 2024 | 
mondaq.com | Joshua M. Newville |Robert Pommer |Robert Sutton
In a significant enforcement action, the SEC
sanctioned a private fund manager for failing to establish and
maintain adequate policies and procedures to prevent the misuse of
material nonpublic information (MNPI) while trading in securities
issued by collateralized loan obligation vehicles (CLOs).
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Aug 7, 2024 | 
jdsupra.com | Brooke Gottlieb |Joshua M. Newville |Robert Pommer
As reported today, Vice President Harris has announced Tim Walz, the sitting governor of Minnesota, as her running mate. This announcement is particularly significant for investment advisers due to the Advisers Act Political Contributions Rule, otherwise known as the “pay-to-play” rule. Contributions to the joint Harris-Walz campaign by investment advisers and certain personnel would likely be subject to the Pay-to-Play Rule, which applies to all investment advisers whether registered or exempt.
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Jun 25, 2024 | 
jdsupra.com | Joshua M. Newville |Robert Pommer |Robert Sutton
On June 14, 2024, the SEC announced an enforcement action settlement with a Pennsylvania-based hedge fund manager for violating the Marketing Rule under the Investment Advisers Act. The SEC found that the adviser had misled investors by advertising a hedge fund’s investment performance based on the investment performance of a single investor in the fund.
