SEC adopts final rules relating to Investment Advisers Act registration of private equity funds *

USA - July 26 2011
The SEC adopted several final rules to implement provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act governing the registration of private funds.

Co-authors: Andrew E. Taylor, Jr., Stephen M. L. Cohen, Frederick P. Callori.

Canada to open door to foreign investment by eliminating section 116 tax clearance requirements for certain stock sales by non-residents *

Canada, USA - March 8 2010
US venture capital and private equity funds should soon be able to sell stock of most Canadian companies in which they invest without the cumbersome and costly Section 116 tax clearance procedures now required.

Co-authors: Stephen A. Hurwitz, Steven P. Eichel, Louis J. Marett.