Articles

Results 1 to 5 of 5
Most popular |Most recent


What to expect when you're inspected by the SEC

USA - February 25 2013 Recently, the Securities and Exchange Commission sent a letter to newly registered investment advisers describing the new Presence Exam Program that…

Ellen M. Creede.

Farewell to the old private adviser exemption: SEC final rules implement new Dodd-Frank exemptions to adviser registration

USA - August 1 2011 On June 22, 2011, the US Securities and Exchange Commission (SEC) adopted final rules exempting or excluding from SEC registration certain venture capital, private fund, foreign private and family office advisers that, as of July 21, 2011, may no longer rely on the newly-repealed "private adviser" or "less than 15 clients" registration exemption.

SEC’s investigation request reveals scope of sweep of advisory firms regarding relationships with sovereign wealth funds

USA - May 12 2011 Earlier this year, the US Securities and Exchange Commission (SEC) reportedly sent information requests to at least 10 US-based financial institutions, including hedge and private equity fund sponsors in an ongoing investigation focused on possible violations of the Foreign Corrupt Practices Act of 1977 (FCPA) as a result of their business relationships with sovereign wealth funds (SWFs).

Maria A. Barton, Nick A. Cline, Kai Schneider, Craig A. Stoehr.

Investment adviser registration update

USA - May 10 2011 We have obtained a copy of an April 27 letter from SEC Chairman, Mary Schapiro, stating Chairman Schapiro’s expectation that the SEC will consider extending until the first quarter of 2012 the date by which private equity and other private fund advisers must register with the SEC.

Nadia S. Sager.

Financial services regulation bill will require most sponsors of private equity, real estate and hedge funds to register as investment advisers

USA - July 15 2010 On July 15, 2010, the US Senate approved the Dodd-Frank Wall Street Reform and Consumer Protection Act.

Barton B. Clark, Scott P. Klein, Nadia S. Sager, Andrea J. Schwartzman, Kathleen A. Walsh.