September 12, 2009
Review of State Investment Advisory Fee Rules
One of the things I have tried to emphasize within this blog is that there is no “one size fits all” legal solution to hedge fund formation. Each client/manager has a unique set of circumstances and will be subject to a potentially different sets of laws or regulations depending [...]
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August 19, 2009
FINRA Announces Date of First Series 79 Exam
The new investment banking exam, the Series 79, will be available for those first new test takers on November 2, 2009 at any of the FINRA testing centers (Pearson and Prometric). In addition to the test date announcement, FINRA also published a Series 79 Content Outline which seems [...]
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Hedge Funds, the Secondary Market and PTP Issues
December 4, 2009Secondary Hedge Fund Market Poses Issues for Fund Managers
Recently there have been a number of groups springing up to provide a secondary hedge fund market. While such platforms provide investors with a potential avenue to get out of their illiquid investment (the investment in the fund may be illiquid for a number of reasons including [...]