Below is a press release on the investment adviser registration presentation we developed to help fund managers with the SEC registration requirements. **** Investment Adviser Registration Presentation for Fund Managers Released by Cole-Frieman & Mallon LLP March 30, 2012 Deadline for SEC Registration Approaches SAN FRANCISCO, CA – January 25, 2012 [...]

Small Business Capital Access and Job Preservation Act Moves Toward Vote The SEC recently finalized the new investment adviser registration regulations and under those regulations private equity fund managers will be required to be registered with the SEC.  However, Congress has recently been taking steps that may ultimately mean that [...]

SEC Considers Whether to Adopt Registration Requirement Yesterday the SEC announced that they will conduct an Open Meeting on June 22 to determine whether to adopt the new hedge fund registration requirements and related rules. At the Open Meeting the SEC is expected to delay implementation of the regulations until [...]

As part of the Hedge Fund Networking Summit Webcast Series, Bart Mallon of Mallon P.C. led an hour long presentation on compliance matters for California based hedge fund managers.  The presentation covered the following topics: New SEC and CA Hedge Fund Registration Requirements Registration Overview & Major Issues Compliance Overview [...]

SEC Proposed Rule 203(m)-1 under Investment Advisers Act The SEC has proposed certain new rules as well as amendments to existing rules under the Investment Advisers Act as a result of the Dodd-Frank Act. New Advisers Act Section 203(m)-1 provides an exemption from registration with the SEC to those groups [...]

SEC Proposed Rule 203(l)-1 under Investment Advisers Act The SEC has proposed certain new rules as well as amendments to existing rules under the Investment Advisers Act as a result of the Dodd-Frank Act. New Advisers Act Section 203(l) provides an exemption from registration with the SEC to those groups [...]

Proposed Rule 202(a)(30)-1 Pursuant to Dodd-Frank Act The SEC has proposed certain new rules as well as amendments to existing rules under the Investment Advisers Act as a result of the Dodd-Frank Act.  The following proposed new rule 202(a)(30), among other things, defines the terms “client” and “investor” for the [...]

Proposed Rule 203A-1 Pursuant to Dodd-Frank Act The SEC has proposed certain new rules as well as amendments to existing rules under the Investment Advisers Act as a result of the Dodd-Frank Act.  The following proposed new rule 203A-1 will replace existing Rule 203A-1.  The new rule will provide state [...]

As we discussed in an earlier post, the SEC proposed new rules and amendments to existing rules under the Investment Advisers Act (the “Act”) to implement certain provisions of the Dodd-Frank Act related to hedge fund registration. In summary, the new rules: clarify eligibility for SEC registration for hedge fund and [...]

Testimony Concerning Regulating Hedge Funds and Other Private Investment Pools The SEC released a testimony from Andrew J. Donohue before the U.S. Senate about the regulation of hedge funds and other private investment pools.  According to Mr. Donohue’s statement, securities laws have not kept pace with the growth market and [...]