Partner Christine Lombardo was quoted in the first of a two-part series by Hedge Fund Law Report, which looks at the new US Securities and Exchange Commission (SEC) Marketing Rule “through the eyes of private fund managers.” The article examines important changes that have been made to the amendments that were originally proposed. According to Christine, some of the changes are significant. “[The Marketing Rule] is a massive piece of rulemaking that will impact all registered investment advisors, not just a subset of them. Given its significance, the SEC recognized the need for industry input, and it appears the Commission sought to design the rule to evolve with changing market practices,” said Christine.
Read the full Hedge Fund Law Report article >>
Subscription may be required.