Private Equity Regulatory Update - August 2017
Rules and Regulations
- SEC’s Acting Director of OCIE Says Private Equity May Be Less of a Priority Ahead
- SEC Confirms That Some Initial Coin Offerings Are Illegal Unregistered Securities Offerings
- DOL Takes Steps to Delay Certain Aspects of the Fiduciary Rule, but Key Rules for Funds Remain
Industry Update
- ILPA’s Letter to Treasury on Private Equity Regulation
Litigation
- Delaware Supreme Court’s Ruling in DFC Global Provides Important Clarity on the Role of Deal Price and the Sale Process in Appraisal Proceedings
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