Dodd-Frank Law Coaxes Hedge Funds into Regulatory Purview; States Expected to Carry a Large Part of the Load
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 between $25m and [...]
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