April 28, 2009
There are occasionally times when questions arise as to the meaning of certain undefined terms within statutes or regulations. Practitioners have a variety of different resources which can help shed light onto these undefined terms or at least provide background information or context. Below is the SEC’s Interpretive Release on the Regulation D rules. Please [...]
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October 15, 2008
Interests in hedge funds are securities which mean that hedge fund managers must follow the federal (and state) laws regarding the sale of securities to investors. Typically securities will need to be registered under the Securities Act of 1933 unless there is an exemption from the registration provisions.
There are two main exemptions from the registration [...]
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