Taking 'Private' Out Of Private Equity: 7 SEC Focus Areas

Law360, New York ( July 17, 2015, 10:51 AM EDT) -- In 2012, the U.S. Securities and Exchange Commission's Office of Compliance Inspections and Examinations commenced its Presence Exam initiative in response to the provisions of the Dodd-Frank Act, which required many large and mid-size private equity firms to register with regulators. Since then, the office has been active in its efforts to gain insight into the historically "closed" world of private equity, and there is no indication the pressure will subside anytime soon....

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