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LSTA Applauds PFA Rule Litigation Decision
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 position of the LSTA and five financial services trade associations that the SEC lacked the authority to implement this rule. This decision ensures that the private fund managers responsible for...
  • Policy & Advocacy
The Fifth Circuit Takes on the Private Fund Advisers Rule
The 5th Circuit Court of Appeals heard oral argument in the Joint Trade Associations' case against the SEC on the Private Fund Advisers Rule.
  • Policy & Advocacy
Private Fund Adviser Rule Comment Letter
On April 25th the LSTA submitted this comment letter in response to the SEC’s Notice of Proposed Rulemaking for Private Funds (the “Proposed Rule”).
  • Policy & Advocacy, Comment letters and papers
Private Fund Rule Webinar
On Monday, LSTA General Counsel Elliot Ganz moderated a timely and important webinar with LSTA ED Lee Shaiman, WilmerHale Partner Amy Doberman and Nicole Skalla of Paul Hastings covering the SEC’s sweeping new rule proposal that could have material negative implications for CLOs....
  • Policy & Advocacy
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