SEC Changes the Game for Private Fund Advisers – Summarizing the New "Restricted Activities Rule" and the "Preferential Treatment Rule"

The SEC has adopted a new series of rules that will significantly impact how private fund advisers operate their businesses and work with investors; in particular the new "Restricted Activity Rule" and "Preferential Treatment Rule.” Both private fund advisers and investors as well need to get up to speed on these new rules before they go into effect.

Check out our initial summary of the new "Restricted Activity Rule" and "Preferential Treatment Rule” available HERE.