November 5, 2009
E&O or D&O Insurance For Registered Investment Advisers
Yesterday I had the opportunity to talk with an insurance broker whose business focuses on providing insurance to registered investment advisers and hedge fund managers. This article is based on that conversation.
Insurance Premiums for Small Funds
For smaller funds (say less than $100 million in AUM) with no operational [...]
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July 6, 2009
Overview of Net Capital Requirement and Bond Alternative
Hedge fund managers who need to register as investment advisors in their state of residence often have to deal with the net capital requirement issue. Usually there will be two separate net capital requirements for the investment advisor (meaning the fund’s management company) depending on the nature of [...]
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Form U4 and Form U5 Amendments
June 16, 2009NASAA Requests Comments on Proposed Changes
Form U4 is the form used by Investment Advisory firms to register investment advisor representatives with their firm. It is also used by broker-dealers to register reps with their firms. Form U5 is used by both IA and BD firms to terminate a representative’s employment with such firm. While I [...]