ARTICLE · 16 FEBRUARY 2014

Private Fund Update - February 10, 2014

Venable LLP

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This week, new Federal Reserve Chair Janet Yellen visits Capitol Hill, a CFTC advisory committee meets on cross-border swaps, and the House is expected to vote on a pilot program for emerging growth companies.

United StatesGovernment, Public Sector

This week, new Federal Reserve Chair Janet Yellen visits Capitol Hill, a CFTC advisory committee meets on cross-border swaps, and the House is expected to vote on a pilot program for emerging growth companies.

This update includes:

The SEC's No Action Letter on M&A brokers;
Last week's House Financial Services Committee hearing on how the Volcker Rule limits job creation;
A recent controversy regarding the taxation of private equity monitoring fees; and
EY's 2014 Global Private Equity Survey.

Last week, the SEC's Division of Trading and Markets released its long-awaited No Action Letter on M&A brokers, ACG held its Third Annual Middle Market Public Policy Summit, and CBO released its budget and economic outlook for 2014 to 2024.

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