Deloitte & Netik Conference – Asset Management: Managing and scaling your reference, market and portfolio data This article is part of our guide to Hedge Fund Business & Technical Issues. On October 29, 2009 I attended an event at San Francisco’s Omni Hotel put on by Deloitte and Netik.  The [...]

As has been reported by a number of groups the Private Fund Investment Advisors Act of 2009 was approved by the House Financial Services Committee by a vote of 67-1.  The proposed bill underwent a number of significant changes during the committee meeting.  The attached document shows (in redline format) [...]

Overview In addition to providing startup and established managers with information on various hedge fund laws and regulations, we have also provided a number of articles on the general business issues that hedge fund managers need to address.  These articles cover a number of areas and many of the articles [...]

By Bart Mallon, Esq. (www.colefrieman.com) Marketing for Small CTAs For small commodity trading advisory (CTA) firms, marketing and advertising the expertise of the principals is a central way to gain new clients and make more money.  This overview is for the CTA Expo 2009 program entitled Marketing for Small CTAs. [...]

Bart Mallon, Esq. (http://www.hedgefundlawblog.com) Private Equity Funds Not Excluded Today the House Financial Services Committee voted to require hedge fund managers to register with the Securities and Exchange Commission.  While private equity firms are also required to register under the proposed bill, managers to venture capital funds are excluded from [...]

Bart Mallon, Esq. (http://www.hedgefundlawblog.com) Private Fund Investment Advisers Registration Act of 2009 (text of act) Below is the final text of the hedge fund registration bill as passed by the House Financial Services Commission. **** 111th CONGRESS 1st Session H. R. 3818 To amend the Investment Advisers Act of 1940 [...]

Hedge Fund Due Diligence Firm Discusses “Agreed Upon Procedures” We’ve published a number of thoughtful pieces on this blog from Chris Addy, president and CEO of Castle Hall Alternatives (see, for example, article on Hedge Fund Operational Issues and Failures).  Today we are publishing a piece by Chris which discusses [...]

San Francisco’s Proposition Q and its Impact on Hedge Fund Managers Proposition Q Passes in a Landslide On November 4, 2008, San Francisco voters approved Proposition Q modifying the city’s Payroll Expense Tax by a resounding 74% of the vote. This little noticed proposition, which went into effect on January [...]

Futures Industry Association Annual Expo CFTC Chairman Gary Gensler today spoke at the Futures Industry Association’s annual expo in Chicago. While most of the Chairman’s speech  focused on the proposed regulation of the OTC derivatives markets, Chairman Gensler also discussed the recent SEC and CFTC Harmonization report. As you can [...]

Employees of Registered IAs Must Generally be Registered State-registered investment advisory firms need to make sure that their employees who are deemed to be “investment advisory representatives” are appropriately registered. This means that any employee (or owner) of the IA firm who provides investment advice or who has supervisory authority [...]