Gunderson Dettmer São Paulo founding partner Brian Hutchings and partner Ben Buckwalter hosted the webinar, “How the SEC’s Private Fund Adviser Rules and Other Recent Developments Will Affect VCs in LatAm” to discuss the U.S. Securities and Exchange Commission rules and how they are relevant to fund managers focused on the Latin America region.

In 2023, the U.S. Securities and Exchange Commission adopted sweeping new rules that will change the way that private funds operate. Even funds that are managed outside the U.S. may be affected. The new rules will govern how funds use and disclose side letters, handle potential conflicts of interest, report to their investors, as well as other activities. In addition, new federal and state laws will change how investment funds report information about their investors and portfolio company founders.

Key takeaways include:

• SEC Private Fund Adviser Rules
• Corporate Transparency Act
• California SB 54

View the slides here.