In the wake of the most sweeping regulations since the financial crisis, Gensler was grilled this week by members of the Senate’s Banking, Housing and Urban Development committee about the new private fund rules.
3 min read · 14 September 2023
Regulators overstepped, six trade groups claim in new complaint filed in Fifth Circuit.
2 min read · 05 September 2023
Policymakers are looking at whether private debt poses a risk to the financial system, while defenders of the industry challenge some of the assumptions being made, says McDermott Will and Emery’s Aymen Mahmoud.
4 min read · 01 September 2023
To some, the rules are simply a means of ensuring private fund managers apply the same principles as other asset managers. To others, they demand a strong defensive response.
3 min read · 31 August 2023
Even the possibility of a victory by the bankruptcy trustee struck fear in the hearts of market participants. The victory has gone to the defendant, JPMorgan.
3 min read · 25 August 2023
After a year-and-a-half of deliberations, the SEC has approved new regulations for private funds, but the end result is seen as less harsh than the original proposal.
2 min read · 23 August 2023
Creditors battling to recover the trucking company’s nearly $3bn in obligations include the US Treasury, Apollo, the Teamsters and pension interests.
3 min read · 11 August 2023
US bank lenders will face stricter capital requirements with proposed regulatory changes.
3 min read · 07 August 2023
SEC imposes a $1m fine and issues a cease-and-desist order.
2 min read · 24 July 2023
The document includes 62 articles detailing compliance requirements and will relax some restrictions on certain financial products.
3 min read · 10 July 2023
