General Advertising of Private Investment Funds

An 80-year ban on general advertising and solicitation of private investment funds is coming to an end. The revised SEC rules apply to hedge funds, private equity groups, venture capital... [...]

The U.S. Securities and Exchange Commission’s Division of Investment Management has recently offered guidance with regards to Fund Advisers serving “at cost” or for no compensation (No. 2013-09 Oct 2013).... [...]

If you are interested in seeing what a recent SEC Exam Request Letter is asking, you can click here to download a Dec 2013 version. Red Oak can help you... [...]

The response of the SEC Chief Counsel’s Office, Division of Investment Management on November 7, 2013 recommends no enforcement action to the Commission against the Parent Company, upon the Subsidiary’s... [...]

Hurricane Sandy tested the capabilities of contingency planning along the east coast and prompted the SEC’s National Exam Program (NEP) to review the BCPs of about 40 advisers. The NEP... [...]

As of September 23, 2013, the new Securities and Exchange Commission (SEC) rule 506(d) is in effect which disqualifies Rule 506(b) and (c) private placement securities offerings if certain “bad... [...]