Since the Fifth Circuit vacated the SEC’s Private Fund Adviser Rules (“PFAR”), the Institutional Limited Partners Association (“ILPA”) has launched, updated or proposed updates to its four principal reporting templates, most recently including a draft updated Portfolio Company Template. Collectively, these developments underscore that many of PFAR’s transparency and comparability objectives remain important to
Tazia Statucki
As a corporate associate and member of the Firm’s Private Investment Funds group, Tazia Statucki focuses on regulatory and compliance matters affecting private funds and their advisers. She counsels clients on a range of issues arising under U.S. securities laws, including the Advisers Act and the Investment Company Act.
Prior to joining Proskauer, Tazia gained valuable experience at global law firms where she worked on regulatory, compliance, and enforcement-related matters within the financial services industry. During her tenure at the U.S. Securities and Exchange Commission, Tazia served as a Senior Counsel in the Office of the General Counsel and the Office of International Affairs, advising on sophisticated regulatory and enforcement matters involving novel legal questions and cross-border considerations.
In addition to her legal practice, Tazia is a Professorial Lecturer in Law at The George Washington University Law School. In this role, she coaches law students in written and oral advocacy, preparing them for both advocacy competitions and professional practice.
FinReg Monthly Update
Welcome to the FinReg Monthly Update, a regular bulletin highlighting the latest developments in UK, EU and international financial services regulation.
Key Developments in July 2026:
United Kingdom
General Financial Services – Cross Sector
31 July – FCA Handbook: The FCA has published Handbook Notice 143, which sets out changes to the FCA Handbook made…
FinReg Monthly Update
Welcome to the FinReg Monthly Update, a regular bulletin highlighting the latest developments in UK, EU and international financial services regulation.
Key Developments in June 2026:
United Kingdom
General Financial Services – Cross Sector
29 June – Consumer Duty: The FCA has published a consultation paper (CP26/23) on changes to the scope and proportionality of the…
CFTC Proposes New Framework for Event Contracts
On June 10, 2026, the Commodity Futures Trading Commission (“CFTC”) issued a Notice of Proposed Rulemaking (the “Proposal”) related to event contracts traded on prediction markets, seeking public comments on proposed amendments to Rule 40.11 and the proposed addition of a new appendix. The Proposal outlines the framework through which the CFTC will review event…
Supreme Court Rejects “Pecuniary Loss” Requirement for SEC Disgorgement
On June 4, 2026, the Supreme Court issued a unanimous decision in Sripetch v. SEC, holding that the U.S. Securities and Exchange Commission does not need to prove that investors suffered pecuniary loss in order to obtain disgorgement. The decision resolves a circuit split and rejects the Second Circuit’s more restrictive approach articulated in…
FinReg Monthly Update
Welcome to the FinReg Monthly Update, a regular bulletin highlighting the latest developments in UK, EU and international financial services regulation.
Key Developments in May 2026:
United Kingdom
General Financial Services – Cross Sector
27 May – Financial Promotions: The FCA has published a press release announcing the findings of its review of firms approving…
FinReg Monthly Update
Welcome to the FinReg Monthly Update, a regular bulletin highlighting the latest developments in UK, EU and U.S. financial services regulation.
Key Developments in April 2026:
United Kingdom
General Financial Services – Cross Sector
29 April 2026 – BoE/PRA: The Bank of England and the PRA have published finalised statements of policy outlining their approach…
SEC Releases Commission Interpretation on Application of Securities Laws to Digital Assets
On March 17, 2026, the Securities and Exchange Commission (the “SEC”) issued interpretive guidance addressing how existing federal securities laws apply to certain types of crypto assets and certain transactions involving crypto assets (the “Interpretation”). The Commodity Futures Trading Commission (the “CFTC”) joined the guidance and confirmed its staff would administer the Commodity Exchange Act…