Regulation

Council of Institutional Investors, which represents 140 of the largest public and union pension funds, asks SEC to "consider improving the final rule by requiring that private fund advisors provide pro-rata fee and expense reporting at the LP level upon request of the LP.”

Elimination of preferred treatment could even the playing field but have other consequences.

'What has become clear through the proposed rules is that the venture capital exception is not an exception from SEC scrutiny,' says David Larsen, a managing director in Kroll’s Alternative Asset Advisory Practice.

Igor Rozenblit, who served as co-head of the SEC’s Private Funds Unit for more than 11 years, answers burning questions about the SEC's proposed new rules for private funds.

Judge blesses ‘unique’ theory, gives regulators room to broaden the definition of insider trading.

The SEC said Alumni ran afoul of the advertising rule by promising that its management fees were the 'industry standard 2-and-20.'

The firm repaid $4.7m to affected funds and agreed to pay a $700,000 penalty, the SEC said.

The Biden administration’s sanctions on Russian dictator Vladimir Putin and his associates are narrow, but their implications for venture capital managers are broad.

The SEC's take on cryptocurrency is of particular interest to venture capital firms, which have reportedly invested nearly $40 billion in crypto-related companies in the past 10 years.

The SEC issued a 341-page proposal that would have a significant impact on venture funds. Here is some common sense advice about what to do next.