In our continuing effort to expand our hedge fund law resources on this blog, we will be posting statutes and other legal resources from each of the states. Because each state has different laws and enforces those laws differently, hedge fund lawyers often discuss state specific hedge fund issues with [...]
Currently Browsing
Posts Tagged ‘ Rule 506 ’
Overview of Regulation D for Hedge Funds
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 [...]
Form D filing now done online
Earlier this year the SEC approved the formation of an automated filing system for Form D. As noted in this article on Form D, the filing must be made with the SEC 15 days after the first sale of hedge fund interests. While the launch of the new online system [...]
Monthly Feature: Hedge fund offering documents
The central reason that beginning hedge fund managers need a lawyer is that the lawyer will prepare the offering documents for the fund. The offering documents are designed to comply with the requirements of the federal securities laws as interests in the fund (whether the fund is a limited partnership [...]