Fifth Circuit Vacates SEC’s Private Fund Adviser Rules

On June 5, 2024, rules adopted in August 2023 by the SEC that significantly expanded regulatory obligations of private fund advisers were vacated by a three-judge panel of the Fifth Circuit. The decision held that the SEC exceeded its authority and therefore the rules were wholly unauthorized. What are private funds attorneys saying about this ruling?

Read now »

Related Content

• SEC Adopts Significant New Rules Impacting Private Fund Advisers: Client Alert Digest
  Review the private fund adviser rules that were vacated in the Fifth Circuit ruling.
• Fee and Expense Disclosures in Private Equity
  Get up to speed on the SEC’s increasing regulatory focus impacting private equity.
• Co-investment Programs: The Sponsor’s Perspective
  Learn the benefits, structuring, and regulatory considerations for establishing a co-investment program.

Practical Guidance Updates 
Featuring the latest updates from your Practical Guidance account. 

• Review this guidance, AI and Legal Ethics: What Lawyers Need to Know, in the Summer Edition of the Practical Guidance Journal. Explore insights from a judge into the use of GenAI in civil litigation, including discovery issues, use cases, and key takeaways. Also advance your career with professional and business development guidance.
• Generative Artificial Intelligence (AI) Resource Kit is a frequently updated collection of current Practical Guidance materials on generative AI, ChatGPT, and similar tools. 
• Public Interest, Pro Bono, and Non-Profit Resource Kit offers valuable guidance for those providing pro bono legal services and assisting non-profit organizations and public interest groups. It includes useful content on topics including tenant's rights, fair housing and lending, discrimination, immigration, and general non-profit resources. 

PRACTICAL GUIDANCE CUSTOMER EMAIL EDITION ON THE WEB

Experience results today with practical guidance, legal research, and data-driven insights—all in one place.

Experience Lexis+