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Update on rule for private fund advisers
This month, the U.S. Court of Appeals for the Fifth Circuit (the “Court”) struck down the new rules for Private Fund Advisers adopted by the U.S. Securities and Exchange Commission (the “SEC”) in 2023. We previously summarized the impact of these rules on illiquid funds. This was a significant victory in a case brought by the National Venture Capital Association and other groups representing private fund advisers.
Although the rules, which were expected to create significant disclosure and regulatory compliance burdens on private fund advisers, have been lifted due to the Court’s ruling, the SEC may challenge the ruling by appeal to the U.S. Supreme Court or attempt to enact similar rules excluding areas identified by the Court as being of particular concern.
We at PAG Law continue to monitor developments. For specific questions, please do not hesitate to to contact one of our attorneys.
PAG Law's Lizbeth Flores Recognized Among Latin America's Top 100 Female Lawyers for 2025 by Latinvex
PAG Law, a leading boutique international law firm, is proud to announce that Partner Lizbeth Flores has been recognized among Latin America's Top 100 Female Lawyers for 2025 by Latinvex, a distinguished publication covering business, economics, and law in Latin America.
PAG Law Attorneys Honored in the 2026 Editions of Best Lawyers in America® and Best Lawyers: Ones to Watch®
MIAMI - Sept. 4, 2025 - PRLog -- PAG Law proudly announces that twelve of its distinguished attorneys have been recognized in the prestigious 2026 Best Lawyers in America® and Best Lawyers: Ones to Watch® editions
PAG Law Named Among Latinvex's Top International Law Firms for Corporate/M&A in 2025
NEW YORK - Aug. 26, 2025 - PRLog -- PAG Law is proud to announce its inclusion in the Latinvex 2025 Top International Law Firms ranking for Corporate/M&A for the second year in a row, further solidifying the firm's reputation as a leading international law firm active in Latin America.
PAG Law Partners Patricia Acosta and Peter Eccles Recognized by The Legal 500 U.S. Elite
PAG Law PLLC is proud to announce that two of its partners have been recognized in The Legal 500 U.S. Elite 2025 guide. Patricia Acosta, a co-founding Partner based...
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