The JOBS Act has already sparked a number of interesting questions from hedge fund managers who want to begin more aggressive advertising campains under the new laws.  We have generally been cautioning managers on starting any campaign until after the SEC has promulgated regulations.  However, we do think that managers [...]

Friends: We are pleased to announce today the merger of our respective firms to form Cole-Frieman & Mallon LLP, a law firm focused on the hedge fund industry.  Below is our press release announcing the merger.  We look forward to continuing to provide top-tier legal services to both large and [...]

Small Business Capital Access and Job Preservation Act Moves Toward Vote The SEC recently finalized the new investment adviser registration regulations and under those regulations private equity fund managers will be required to be registered with the SEC.  However, Congress has recently been taking steps that may ultimately mean that [...]

Timeline for Proposed & Final Manager Registration Rules Released The Dodd-Frank bill requires the SEC and CFTC to propose and promulgate final rules with respect to a number of important areas for investment managers.   As we have seen, significant time has already been devoted to trying to develop a [...]

SF Managers Talk About Starting a Hedge Fund On September 16, members of the San Francisco investment management community gathered at the Ritz-Carlton to listen to four hedge fund managers talk about their experiences starting a hedge fund.  The event was sponsored by the San Francisco CFA society.  The event [...]

We are happy to announce that the Hedge Fund Law Blog has been nominated for the LexisNexis Top 25 Business Law Blogs of 2010.  We thank our audience for reading and being engaged in the discussion, and of course for the nomination. Call to Action! We are not yet a [...]

New Form MA-T Released Under the Dodd-Frank FinReg bill, municipal advisors are required to register with the SEC by October 1, 2010.  Municipal advisors are firms or individuals who provide advice to state and local governments and other borrowers involved in the issuance of municipal securities.  The definition includes financial [...]

Below is our quarterly newsletter.  If you would like to be added to our distribution list, please contact us. **** July 31, 2010 www.colefrieman.com Clients and Friends, We take this opportunity to provide you with a brief overview of the major items we have reported on over the last quarter.  While [...]

Are States Equipped to Handle Increased IA Registrations? Under the new financial reform bill, expected to be signed into law sometime in July 2010, the state securities divisions will play a larger role in the oversight of investment managers.  Under the current system, investment advisers (who generally provide financial planning services or [...]

Adviser Registration, Accredited Investors, Carried Interest, Insider Trading, Cap and Trade Below are some thoughts on some of the major issues over the last couple of weeks. Have a great Memorial Day Weekend! **** Hedge Fund Regulation and Registration – While the Private Fund Investment Advisers Registration Act of 2010 [...]