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‘Prudential’ Shift Seen Behind Form PF Rules, Regulatory Compliance Watch

Friday, May 12, 2023

Partner Christine Lombardo is featured by Regulatory Compliance Watch in a recent article on how the US Securities and Exchange Commission’s (SEC’s) new Form PF rules are more modest than when first proposed.

The article notes that despite this, some private fund advocates still see regulators shifting their focus from making sure funds disclose risks to preventing them.

“SEC clearly thinks the industry has the resources to do it. These are serious obligations. Investment in compliance and legal and infrastructure is something all firms are going to have to be reassessing when they think about their businesses,” Christine said.

Read the full Regulatory Compliance Watch article>>

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