QRSI Comment Period Currently On Hold

On June 5, the U.S. Fifth Circuit Court of Appeals released its decision in the challenge to the U.S. Securities and Exchange Commission’s Private Fund Advisers rules. The ILPA team is currently conducting a thorough review of the opinion to understand the implications, including any adjustments needed to ILPA’s Quarterly Reporting Standards Initiative.

Please check back for updates as we identify the best path forward for the ILPA QRSI as we look to introduce the next evolution of ILPA reporting standards.