How Management Changes Can Affect Disclosure
Richard Morris was quoted in a story on Privcap, a digital thought leadership platform for the global private capital market. The story detailed public disclosure priorities for private equity firms in light of the regulatory changes mandated by the Dodd-Frank Wall Street Reform and Consumer Protection Act. Richard recommends that private equity firms conduct an annual "checkup" focused on operations and risk management including addressing the timing and content of what firms disclose publicly, including executive changes. "Inconsistent messages are not permitted by regulators," he said.