Comments on: Private Fund Investment Advisers Registration Act of 2009

By: Proposed Hedge Fund Registration Bill Now Excludes VC Funds — Hedge Fund Law Blog

Mon, 05 Oct 2009 18:43:56 +0000

[...] as Congressman Paul E. Kanjorski (D-PA) proposed an amendment to the Obama administration’s Private Fund Investment Advisers Registration Act of 2009 (”PFIARA”). The new proposed bill provides an exemption from registration for certain [...]

By: SEC Supports Private Funds Transparency Act of 2009 — Hedge Fund Law Blog

SEC Supports Private Funds Transparency Act of 2009 — Hedge Fund Law Blog — Mon, 20 Jul 2009 10:48:04 +0000

[...] this testimony was given the same day that the Treasury announced the Private Fund Investment Advisers Registration Act of 2009 which is very similar to the Private Funds Transparency Act of [...]

By: Ron Diel

Ron Diel — Thu, 16 Jul 2009 18:10:22 +0000

This seemed surprisingly innocuous, all things considered, on a quick review until I scanned the provision in 406(b)(2) that would allow the Commission to ascribe whatever meaning it deems necessary to terms in the Act, includingthe term ‘client,’ which effectively overcomes the Court’s finding in Goldstein v. SEC. In essence, this clears the path for the Commission to reimpose the requirement to register upon any adviser with 15 or more investors in their fund, and to determine how those advisers will be regulated and monitored.

By: Obama Moves Forward with Hedge Fund Registration Legislation — Hedge Fund Law Blog

Thu, 16 Jul 2009 01:54:58 +0000

[...] The Treasury release is below and can be found here. We will post the text of the new act shortly. [Update: we have just published the text of the Private Fund Investment Advisers Registration Act of 2009.] [...]