Fri, Dec 16, 2016

Last Day of the 114th Congress

The 114th Congress saw several key bills introduced – and lapse.  Re-intros to keep an eye out for include:

  • The Investment Adviser Modernization Act, which would liberalize certain advertising and proxy rules and ease Form PF disclosures for private equity firms
  • The Choice Act which would eliminate the SEC registration requirement for private equity firms.
  • The Ban Insider Trading Act, which would set forth the circumstances under which insider trading is committed.
  • The Insider Trading Prohibition Act, which would define insider trading in a way that limits the liability of remote actors.

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