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The Corporate Transparency Act: Impact on Private Fund Managers

Private fund managers are reminded that the Corporate Transparency Act (CTA) may trigger reporting obligations to the Department of the Treasury’s Financial Crimes Enforcement Network for private fund managers and the private...more

Investment Adviser Agrees to Pay $5 Million for Compliance Deficiencies in Valuing Client Assets

On June 4, 2019, the Securities and Exchange Commission (“SEC”) announced that Deer Park Road Management Company, LP (“Deer Park”), a prominent private fund manager in the mortgage-backed securities space and registered...more

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