Private funds watch: the SEC’s 2019 agenda

Earlier than what has been typical in other years, on December 20, 2019, the SEC’s Office of Compliance Inspections and Examinations (OCIE) released its examination priorities for 2019 showing its continuing focus on the private funds industry. The topic is crucial for North American investors and private fund sponsors alike. In a PE Hub Canada feature article, Torys LLP Partner Venera Ziegler, Counsel Christopher Caparelli and Partner Andrew Beck discuss key highlights of OCIE 2019 examination priorities and other notable areas of SEC focus. Additionally, they provide some reminders of annual reporting obligations applicable to private fund sponsors.