Due to the repeal of the so-called “private adviser exemption,” many advisers of private funds must now register as investment advisers with the Securities and Exchange Commission.
The deadline is looming.
Bilzin attorney David T. Schubauer comments on how the Dodd-Frank Act repealed a federal law that exempted investment advisers with fewer than 15 clients from registering with the SEC.
February 15, 2012 at 12:00 AM
1 minute read
Due to the repeal of the so-called “private adviser exemption,” many advisers of private funds must now register as investment advisers with the Securities and Exchange Commission.
The deadline is looming.
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