On July 16, 2026, the Securities and Exchange Commission (“SEC”) proposed Regulation E-Delivery (the “Proposal”), a new rule that would permit issuers, broker-dealers, investment advisers, registered funds, business development companies (“BDCs”) and other market participants to satisfy certain delivery obligations under the federal securities laws through electronic delivery, without first obtaining the recipient’s affirmative consent.
Vlad Bulkin
Vlad Bulkin is a partner in the Corporate Department and Private Investment Funds Group. He advises business development companies, registered funds and private investment funds on formation, capital raising and ongoing regulatory matters under the Investment Company Act of 1940 and the Investment Advisers Act of 1940.
Vlad represents issuers and underwriters in public and private offerings of equity and debt securities, including IPOs, at-the-market offerings, preferred stock and debt offerings, as well as strategic mergers. He also counsels public companies on governance, reporting and securities law compliance.
He has represented issuers and placement agents in more than 100 public and private securities offerings and strategic transactions, bringing extensive experience and a practical, integrated approach to funds and finance matters.
Prior to joining Proskauer, Vlad was a partner at Katten Muchin Rosenman LLP.
Supreme Court Holds That Section 47(b) of the Investment Company Act Does Not Create a Private Right of Action
On June 11, 2026, the United States Supreme Court issued its decision in FS Credit Opportunities Corp. v. Saba Capital Master Fund, Ltd., holding that Section 47(b) of the Investment Company Act of 1940, as amended (the “1940 Act” or “Act”), does not provide an implied private right of action. In a 6-3 decision…
SEC Proposes Significant Overhaul of Filer Status Framework
On May 19, 2026, the Securities and Exchange Commission (SEC) proposed significant amendments to the public company reporting framework that would simplify the current filer status regime and substantially expand the availability of scaled disclosure accommodations. The current framework requires companies to annually reevaluate their filer status (large accelerated filer, accelerated filer, non-accelerated filer) and…
SEC Proposes Transformative Offering Reform: Significant Implications for Operating Companies, Registered Closed-End Funds, BDCs, and Other Products
On May 19, 2026, the Securities and Exchange Commission (SEC) proposed a sweeping set of rule and form amendments intended to modernize and simplify the registered securities offering process for public companies, registered closed-end funds (RCEFs), business development companies (BDCs), and other products. The proposal, if adopted, would be the most significant update to the…
SEC Holds Roundtable on the “Retailization” of Private/Alternative Investments: A Hint of the Agency’s Direction
Last week, on March 4, 2026, the U.S. Securities and Exchange Commission (“SEC”) held a roundtable on retail investments in private market, or “alternative,” investments. Such investments might include, for example, hedge, credit, or other private funds, as well as non‑traded real estate investment trusts (REITs), business development companies (BDCs), a small but potentially growing…