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ARTICLE · 28 OCTOBER 2013

Private Fund Update - October 21, 2013

Venable LLP
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Congress finally reached an agreement to raise the federal debt ceiling through February 7th and fund government activities through January 15th.

United StatesGovernment, Public Sector
Scott Gluck
Scott Gluck

Congress finally reached an agreement to raise the federal debt ceiling through February 7th and fund government activities through January 15th. The House is back in session this week and holds an important hearing on Thursday on legislation to facilitate capital formation – a precursor to a potential JOBS Act 2.0.

This Update contains:

  • A summary of the House Financial Services hearing on legislation to reduce impediments to capital formation;
  • A summary of the House Small Business Committee hearing on easing regulatory burdens on small financial institutions;
  • SBIA's 2013-2014 new officers and key Board members; and
  • A FINRA report on conflicts of interests among broker-dealers.

To read this Update in full, please click here.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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