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Summer Vacat(e)-ion Time: The 5th Circuit Strikes Down the SEC’s Private Fund Advisers Rule

June 6, 2024

In a decision of enormous importance to private credit funds and the broader private funds markets, the United States Circuit Court for the Fifth Circuit…

LSTA Applauds PFA Rule Litigation Decision

June 5, 2024

We are pleased with the 5th Circuit Court of Appeals’ decision to vacate the SEC’s proposed Private Fund Advisors Rule. The Court agreed with the…

LSTA Joins Letter to SEC on Outsourcing Rule’s Dubious Statutory Authority

May 6, 2024

The LSTA last week joined five other trade associations in submitting a letter to the SEC highlighting the “overarching defect” in its proposed Outsourcing by…

The Fifth Circuit Takes on the Private Fund Advisers Rule

February 7, 2024

The 5th Circuit Court of Appeals heard oral argument in the Joint Trade Associations' case against the SEC on the Private Fund Advisers Rule.

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