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Podcast: Tokens of Wisdom
Episode: Episode 21: Private Fund Advisers Rule
Description: Big news in Private Fund Land, as the SEC Commissioners on voted August 23rd to adopt one of the more significant new private fund-specific rules in recent memory. This one was about 18 months in the making (the rule was first proposed in early 2022), and while the final rule pared back the most overreaching aspects of the proposal, it still has far-reaching impacts that will alter how pretty much all private fund advisers do business. This episode is a high-level summary of the more significant aspects of the 660-page rule.Key Points From This Episode:<...