If You Manage Investments for a Wealthy Family, a Proposed SEC Rule May...
As contemplated by the Dodd-Frank Wall Street Reform and Consumer Protection Act, the SEC proposed a new rule this week that may affect some advisers to family investment portfolios. A provision in...
View ArticleSEC PROPOSES PRIVATE FUND REPORTING RULE
The SEC has recently proposed rules to require advisors of hedge funds and other private funds to report information for use in monitoring risk to the U.S. financial system as mandated by the...
View ArticleNOT SO FAST – SEC CONSIDERING DELAY OF INVESTMENT ADVISER CHANGES
The SEC has recently indicated that it may well delay, to the first quarter of 2012, the date by which certain exempt investment advisers will have to register with the SEC and certain SEC-registered...
View ArticleSEC Adopts New Investment Adviser Exemptions
In rules adopted and released on June 22, 2011, the Securities and Exchange Commission implemented provisions in Title IV of the Dodd-Frank Wall Street Reform and Consumer Protection Act regarding the...
View ArticleAre More “Family Offices” on the Horizon?
We previously discussed the SEC’s adoption of new rules with respect to exemptions from investment adviser registration. The new rules replace the old “private adviser exemption” with a new set of...
View ArticleSEC Enforcement of Investment Adviser Compliance Policies
A federally registered investment adviser must formulate, adopt and maintain, and implement, certain policies specified by SEC rules. That obligation applies regardless of the adviser’s size or scope...
View ArticleSEC’s Responses to FAQs Regarding “Family Office” Exclusion from “Investment...
As previously described, the Securities and Exchange Commission has, as mandated by the Dodd-Frank Wall Street Reform and Consumer Protection Act, adopted a rule to exclude “family offices” from the...
View ArticleNew Texas Rules Require Texas-Based Investment Fund Managers to Conduct a...
Following proposals issued in October 2013, the Texas State Securities Board recently approved amendments to its investment adviser registration rules. The amendments take effect on March 31, 2014, and...
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