In FundFire, Securities & Futures Enforcement Practice Co-Head Dan O’Connor Discusses OCIE’s July Risk Alert
A July 1 article published by FundFire titled “SEC Admonishes Hedge Funds, PE Shops over Fees, Conflicts” reports that hedge funds and private equity firms have been put on notice by the SEC over fees and expenses, conflicts of interest, and policies and procedures around material non-public information. Insights from Securities & Futures Enforcement practice co-head Dan O’Connor are included in the piece.
Hedge funds and private equity firms continue to deal with material non-public information issues and the alert serves as a good reminder of areas to focus on, says Dan in the piece. “It’s a great checklist compilation for folks to use and run through their situations and make sure they are on top of things,” he says.