United States: SEC Adopts Extensive New Rules For Investment Advisers To "Private Funds," But Excludes CLOs And Other "Securitized Asset Funds" From Those Rules - Cadwalader, Wickersham & Taft LLP
In February 2022, the Securities and Exchange Commission (the "SEC" or the "Commission") proposed sweeping new regulatory requirements under the Investment Advisers Act of 1940...
Full Article