The U.S. Department of Labor has issued an information letter confirming its concurrence that the fiduciary rules under ERISA do not preclude 401(k) and other participant-directed retirem...
COVID-19 Update
SEC Forms Cross-Divisional COVID-19 Market Monitoring Group
Rules and Regulations
SEC Proposes to Modernize Framework for Registered Fund Valuation Practices
Industry ...
COVID-19 Update
SEC Forms Cross-Divisional COVID-19 Market Monitoring Group
Industry Update
Commissioner Elad L. Roisman Delivers Remarks Before the Council of Institutional Investo...
COVID-19 Update
SEC Division of Investment Management Coronavirus (COVID-19) Response FAQs
SEC Provides Temporary, Conditional Relief for Business Development Companies Making Investment...
Davis Polk partners Leor Landa and Michael Hong and associate Brantley Hawkins recently authored “Liquidity Solutions for Private Funds During a Market Dislocation” in Private Funds...
COVID-19 Update
SEC Division of Investment Management Coronavirus (COVID-19) Response FAQs
SEC Provides Temporary, Conditional Relief for Business Development Companies Making Investm...
COVID-19 Update
SEC Issues Targeted Regulatory Relief for Advisers and Registered Funds Affected by the Coronavirus Outbreak
SEC Provides Temporary Additional Flexibility for Registered ...
The SEC provided additional temporary relief to help registered funds manage potential liquidity issues in the current market environment that may be caused by the COVID-19 outbreak. The ...
The coronavirus (COVID-19) emergency has led to the debt of many companies in private equity portfolios trading at a significant discount. As a result, an increasing number of private equ...
Rules and Regulations
Proposed Amendments to the Volcker Rule
SEC Issues Order Granting Exemptive Relief for Multi-Manager Fund Board Approval of Sub-Advisory Agreements Without In-Pe...