State to Increase Regulation of Hedge Funds (www.hedgefundlawblog.com) Connecticut, home of many of the biggest hedge funds in the world, may begin regulating hedge funds in a heavy handed manner. Recently state lawmakers have introduced three bills (Raised Bill No. 953, Raised Bill No. 6477 and Raised Bill No. 6480) [...]
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Posts Tagged ‘ investment advisor registration ’
Hedge Fund Transparency Act Text
Below is the actual text of the Hedge Fund Transparency Act. (For the bill with page and line numbers please see: Hedge Fund Transparency Act (pdf)). **** 111TH CONGRESS 1ST SESSION S. To require hedge funds to register with the Securities and Exchange Commission, and for other purposes. IN THE [...]
Washington DC Hedge Fund Law
Starting a hedge fund in the District of Columbia In DC, things are starting to get back to normal post-election. Hedge fund and investment managers who are located in DC, however, will generally need to be registered as investment advisors with the Department of Insurance, Securities and Banking (ISB). I’ve [...]
Virginia Hedge Fund Law
Starting a hedge fund in Virginia Those hedge fund managers who are starting a hedge fund in Virginia can potentially fit within an exemption from the Virginia investment advisor registration rules. Like many states which follow the Uniform Securities Act, investment advisors with a place of business in Virginia must [...]
SEC Hedge Fund Registration Exemption – Section 203(b)(3) and Rule 203(b)(3)-1
Exemption from the Registration Provisions of the Investment Advisors Act We have discussed the SEC hedge fund registration exemption many times before, but we have not addressed it directly.For most management companies with a single hedge fund client, registration is actually a relatively easy and straightforward process. Once hedge fund [...]
Illinois Hedge Fund Law – Various Laws and Regulations
Perhaps not surprising, Illinois has a very well developed Securities Division website which provides its investment advisors (and potential investment advisors) with many informative articles. In this article we have reprinted three separate resources which we found helpful for potential hedge fund managers located in Illinois. The first resource provides [...]
South Carolina Hedge Fund Law – Investment Advisor Registration and Form D Filings
Below we have provided two separate sources from the South Carolina Securities Division Website. First, we have reproduced a very short blurb from their website which explains that investment advisors who have a place of business in South Carolina must generally be registered as an investment advisor. Second, we have [...]
Georgia Hedge Fund Law – Investment Advisor Registration Exemption
Georgia Hedge Fund Managers Generally Exempt From Registration Below we have provided two separate sources from Georgia’s Securities Division Website. First, we have reproduced their frequently asked questions on investment advisor registration. Specifically it should be noted that Geogia based hedge fund managers do not generally need to register as [...]
Massachusetts Hedge Fund Law – Investment Advisory Registration Renewals
Unfortunately for hedge fund managers who are located in Massachusetts, there is generally a requirement to be registered as an investment advisor with the Massachusetts Securities Division. One of the good things about the Massachusetts Securities Division is that they are generally knowledgeable and the division’s website posts good information [...]
Florida Hedge Fund Law – Investment Advisor Registration Information
Florida is a very popular jurisdiction for hedge fund formation. Along with New York, Connecticut, California, and Texas, Florida ranks as one of the most popular hedge fund jurisdictions. I have included below a description of the investment advisor provisions from the Florida Securities Division website. One thing to note, [...]