The SEC’s Pink Sheet attack
On the day the UK said goodbye to its own little unregulated shop for penny dreadfuls, the SEC has unleashed an altogether more dramatic crackdown on the US equivalent –...
Probably not cool: getting inside info via your recovery buddy
Dear readers,Okay, seems some of you didn’t especially like Paul’s take on the FSA’s “charades” inside information case on Tuesday. Well the SEC...
Form PF Could Have Been Worse, Lawyers Say
The latest regulatory requirement for buyout shops appears not to be as onerous as the industry had feared, lawyers who work with private equity firms told sister publication Buyouts Thursday.
Smaller registered private equity firms will be required to provide only limited information regarding size, leverage, investor types and concentration, liquidity, and fund performance. For larger...
Why Did Austin Ventures Hire A Chief Compliance Officer?
It was the sigh of relief heard ‘round the PE world last summer, when Congress exempted venture firms from having to register with the SEC as investment advisers. So why did Austin Ventures announce today that it has hired a general counsel and chief compliance officer?
Kim Hughes, director of communications at Austin Ventures, wasn’t able...
Why Did Austin Ventures Hire A Chief Compliance Officer?
It was the sigh of relief heard ‘round the PE world last summer, when Congress exempted venture firms from having to register with the SEC as investment advisers. So why did Austin Ventures announce today that it has hired a general counsel and chief compliance officer?
Kim Hughes, director of communications at Austin Ventures, wasn’t able...
Why Did Austin Ventures Hire A Chief Compliance Officer?
It was the sigh of relief heard ‘round the PE world last summer, when Congress exempted venture firms from having to register with the SEC as investment advisers. So why did Austin Ventures announce today that it has hired a general counsel and chief compliance officer?
Kim Hughes, director of communications at Austin Ventures, wasn’t able...
Another Argument For Back-ended Carry Distributions?
Buyout firms hardly buy into the argument that they could help trip another financial crisis. No matter. They now find themselves battling proposed rules limiting incentive-based compensation rooted in the premise that they could. The rules may also give limited partners a stronger argument for back-ended carry distributions.
It’s yet more fallout from the Dodd-Frank Wall...
Mr. Heesen Goes to Washington
At some point between now and the end of the second quarter, the Securities and Exchange Commission will provide its definition of venture capital firms for the purposes of their classification under and–hopefully for the industry–exemption from the Dodd Frank Act.
When it happens, National Venture Capital Association President Mark Heesen will be prepared.
Heesen told NVCA...
Flash Crash Report: What Really Happened?
Filed under: Indices, Market Matters, S and P 500After nearly five months, federal regulators have been able to dissect the events of May 6, the day when the Dow plunged almost 1,000 points.
A joint report issued by the Commodity Futures Trading Commis...
Can Regulators Fix the Market?
Filed under: Market MattersAccording to a new poll conducted by CNBC/Associated Press, 86% of the 1035 respondents view the market as unfair to small investors following the May 6 Flash Crash, CNBC reported.
On May 6, the market crashed almost 1000 p...
Former Nomura fund chairman fingers Nomura Asset Management to the SEC
It’s a bit of an odd one this. So here’s a straight story to start:——- Nomura Asset Management USA, the American offshoot of the Japanese bank’s asset management business,...
