On June 22, 2011, the Securities and Exchange Commission adopted rules that will require advisers to hedge funds and other private funds to register with the SEC. The rules also establish new exemptions from SEC registration and reporting requirements for certain advisers, and change the allocation of regulatory responsibility for investment advisers between the SEC and states. The Dodd-Frank Act directed the SEC to adopt these rules in order to close a perceived regulatory gap in the oversight of funds.
Please join David M. Lynn and Jay G. Baris of Morrison & Foerster LLP and Andrew J. "Buddy" Donohue of Morgan, Lewis & Bockius LLP for this important and timely presentation.
Topics will include: