SEC Tightens Screws on Private Equity

FundFire
January 7, 2015


Jordan A. Thomas discusses the effect of an influential speech by the SEC’s Office of Compliance Inspections and Examinations on private equity firms


The impact may extend even further, said Jordan Thomas, partner at Labaton Sucharow. He says the speech appears to have inspired more whistleblowers to come forward.

“Numerous whistleblowers are reporting significant wrongdoing in this space,” he says. “In the coming years, you can expect an increase in the number of significant enforcement actions involving the private equity business.”