Photo of Vanessa K. Rakel

Vanessa Rakel is a senior counsel in the Corporate Department and a member of the Private Funds Group.

On February 9, 2022, the U.S. Securities and Exchange Commission (the “SEC”) proposed new rules and amendments to existing rules under the U.S. Investment Advisers Act of 1940 that would have notable practical implications for private fund advisers, in many cases regardless of the adviser’s registration status. The Proposed Rules