Posted under Risk Management on July 26th, 2010 by Judith Gross
The Dodd-Frank bill, signed into law on July 21, 2010, finally puts on the books a law meant to bring the vast majority of hedge funds under regulatory supervision. The law specifically requires “private fund advisers” to register, either with the SEC or their state of domicile. Here’s roughly how the law works: – Private Fund Advisers with [...]
Posted under Conflicts of Interest,Placement Agents,political contributions,Regulation,SEC on July 8th, 2010 by Judith Gross
On the heels on several high profile scandals, the SEC has moved quickly to address “pay-to’play” practices in the hedge fund and investment advisory arenas. Last week, the SEC adopted new Rule 206(4)-5 limiting “pay-to-play” practices for investment advisers, including hedge fund investment advisers. The new Rule effectively prohibits the adviser from receiving compensation from [...]
