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Michael Osnato Quoted in Private Funds CFO Article on SEC Focus on Books-and-Records Violations
Government and Internal Investigations Partner Michael Osnato was quoted in a Private Funds CFO article titled “SEC’s books-and-records crackdown nears smaller PE firms,” which detailed how the SEC’s focus on this space has reached small- and mid-sized private fund managers. Michael noted how the private funds industry has favorably responded to the SEC’s intensifying focus on texting practices and further explained that “Following the lessons learned from recent settlements, the private equity industry has reacted in a positive, reputable way. They train their people and their surveillance is much more enhanced.”
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