The SEC recently published its Spring Reg Flex Agenda for 2019, continuing the trend – advocated by Chair Jay Clayton – toward more “tailored yet ambitious” agendas. This article reviews the various components of the latest Reg Flex Agenda and highlights the key takeaways for private fund managers. For coverage of the Autumn Reg Flex Agenda for 2017, see “SEC’s Reg Flex Agenda Promotes Transparency While Adding Potential Compliance Burdens” (Mar. 15, 2018). To further explore some of the items on the Reg Flex agenda, the Hedge Fund Law Report will host a complimentary webinar featuring SEC Commissioner Hester M. Peirce. During this fireside chat, Robin L. Barton, Senior Reporter for the Hedge Fund Law Report, and Commissioner Peirce will discuss topics of interest to private fund managers, such as the Interpretation Regarding Standard of Conduct for Investment Advisers; the possible expansion of the definition of “accredited investor”; chief compliance officers and the SEC’s focus on individual accountability; and the SEC’s adaptation to the modern asset management industry, particularly in the application of the custody and advertising rules. Details of this upcoming webinar will be provided shortly.