Regulatory Forum – Q4 2021 Update

The SEC has expanded its focus on private funds, noting significant growth in hedge funds and private equity funds, with AUM for such funds exceeding $11 trillion. The Regulatory Forum Q4 Quarterly Update highlighted SEC comments on principles impacting private fund rulemaking and guidance that would follow in Q1 2022. The update also summarizes recent rulemaking initiatives, several interesting enforcement cases, and other regulatory developments.