Compliance programs should be designed to fit your unique risks
The SEC compliance landscape grows increasingly challenging for private fund managers as they face deeper scrutiny from regulators, along with a multitude of new SEC rule adoptions and proposals that significantly raise the bar for developing and managing a fund’s compliance program.
New SEC rule adoptions and proposals:
- Revised investment adviser advertising rule
- Private fund adviser rule proposal
- Amendments to Form PF
- Oversight over third-party service providers
- ESG rule proposal
- Cybersecurity rule proposal
Benefits of being prepared
Private fund managers who proactively maintain a compliance program that is resilient and effectively responds to the dynamic forces of the regulatory landscape will be best prepared for the closer regulatory scrutiny and resourcing demands that are on the horizon.