The 2020 SEC Examination Priorities Relevant to Private Funds

Each year, the SEC's Office of Compliance Inspections and Examinations (OCIE) releases a report outlining its examination priorities for the coming year. What are the key elements of the 2020 report most applicable to private funds and registered investment advisers? What should private fund managers keep abreast of to avoid the dreaded deficiency letter? Paul Hastings partner Ira Kustin explains.

 

  Ira Kustin is a partner in the investment management practice at Paul Hastings. He focuses his practice on advising sponsors of, and investors in, complex hedge, private equity and credit funds and regularly counsels private fund advisers on international investment platforms including in Europe, Asia, and Latin America.