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The U.S. Fifth Circuit Court of Appeals in New Orleans sided with the private funds industry, which argued that the agency overstepped its authority.
June 5 -
Testifying at a London court from a Danish prison via a video call, Sanjay Shah insisted that his controversial so-called Cum-Ex trades were lawful and that any rumors circulated in the industry were merely due to jealousy.
May 22 -
New rules will require firms to provide more details with watchdogs, including investments, borrowing and counterparty exposure.
February 8 -
The SEC's recently finalized rule on private fund advisors will impose new requirements.
September 8 -
Hedge funds and private equity firms will have to disclose more about their fees and face new restrictions from the Securities and Exchange Commission on giving investors special treatment.
August 24 -
The Securities and Exchange Commission adopted new rules and amendments aimed at tightening the regulation of private fund advisors.
August 23 -
Danish prosecutors allege Shah oversaw a trading scam using a loophole on dividend payouts to reap duplicate tax refunds.
April 4 -
Workers were able to invest their retirement nest egg in the famously profitable employee-only fund fee-free, until it caught the attention of the Internal Revenue Service.
August 16 -
Private placement life insurance, or PPLI, is a decades-old strategy that has been gaining popularity among the super-wealthy as a way to protect their fortunes from income and estate taxes.
August 15 -
Sinema has expressed opposition to ending the carried-interest tax break used by private equity and hedge fund managers to lower their tax bills.
August 1