Recently, the US SEC finalised the 'Private Fund Adviser Rule', arguably the most profound set of regulatory changes that will significantly change the private funds industry. Given the magnitude of these changes, AIMA, in collaboration with other industry bodies, has taken the unprecedented step of pursuing legal action against the US regulator, arguing that these rules overstep the agency's legal authority and are unlawful.

What led to this moment? Why do these rules hold such significance? What repercussions might they have for the rest of the world? And what steps can the wider industry take to prepare?

To answer these questions and delve deeper into this development, we are joined by a world-leading authority in the field: Jennifer Wood, AIMA's Global Head of Asset Management Regulation & Sound Practices.

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