Unless you have been avoiding financial news and market analysts during 2020 and 2021, you have heard discussions regarding Special Purpose Acquisition Company(ies) (“SPACs”). SPACs have been around for decades, but their use has recently skyrocketed as companies consider alternative exit strategies during the Covid-19 pandemic, as it created uncertainty on the public and Initial Public Offering (“IPO”) market.… Read More
Private Funds offer unique and varied opportunities in the securities industry. With these opportunities come a complicated legal minefield as to navigating the rules and regulations of operating a Private Fund.
Given the current regulatory landscape, good intentions just aren’t good enough. Companies need to be actively protecting themselves and their personnel from liability.
The U.S. Securities and Exchange Commission’s (SEC) Division of Examinations (“EXAMS” or the “Division”) released its annual priorities on March 3, 2021 in a 42-page report of exam priorities. Among other things, the list includes an ongoing emphasis on the overall strength of financial advisers’ compliance programs and a growing interest in the evolving risks to investors related to relevant climate and environmental, social, and governance (ESG) funds.
The Securities and Exchange Commission (“SEC”) has announced that it voted to establish an expedited review process for Investment Company Act applications that are substantially identical to recent precedent. Intended to make the application process more efficient by streamlining the process for routine applications and reduce the likelihood that applicants would need to file amendments to applications in response to staff comments.
Jacko Law Group, P.C. (“JLG”) wrote the article titled Private Fund Regulation: SEC Examination and Enforcement Hot Topics which was published in the National Society of Compliance Professionals (NSCP) Currents’ November/December 2011 issue. … Read More
Michelle L. Jacko’s article titled The Private Fund Investment Advisers Registration Act of 2009 which was published in the National Society of Compliance Professionals’ (NSCP) monthly newsletter, Currents, in the July/August 2009 issue. … Read More
Michelle L. Jacko presented on The Actual Process of Registration at the FRA Hedge Fund Registration Master Class on October 27, 2010 in New York, NY.… Read More
Michelle L. Jacko presented on How to Effectively Promote Your Hedge Fund at the Hedge Fund Association Symposium on October 20, 2010 in San Francisco, CA.… Read More
The SEC’s pay-to-play rule is more relevant than ever before in today’s politically charged climate. As the management of government client assets is widespread in the realm of private equity, whether a private equity adviser is seeking its first…