The direction of insider trading cases, protections around material nonpublic information, valuation issues, cooperation standards and obstructive conduct are among the hot topics in SEC oversight of private funds. An expert panel at the Practising Law Institute’s program on hedge fund and private equity enforcement and regulatory developments explored such issues. This article distills insights from law firm partners speaking on the occasion. See “SEC Action and Commissioner Peirce’s Statement Shed Light on CCO Liability” (Oct. 12, 2022).