Comments on: What is a qualified client? Qualified client definition

By: bruce walker

bruce walker — Thu, 05 Jan 2012 15:32:15 +0000

Under Dodd-Frank, rule 205-3 , was amended as to the requirements to be defined as a Qualified Client. The new rule, adopted by the SEC and NASAA is anyone who has at least $1,000,000 under management or a net worth of more than $2,000,000. Theses numbers will be adjusted each year based on the rate of inflation.

By: SEC Increases Threshold for Performance Fees — Hedge Fund Law Blog

SEC Increases Threshold for Performance Fees — Hedge Fund Law Blog — Wed, 13 Jul 2011 15:30:26 +0000

[...] Act required the SEC to revise upward the dollar thresholds for a persons to be deemed a “qualified client” pursuant to Rule 205-3. The qualified client definition is important because SEC registered [...]

By: SEC Proposes Change to Qualified Client Definition — Hedge Fund Law Blog

SEC Proposes Change to Qualified Client Definition — Hedge Fund Law Blog — Thu, 09 Jun 2011 20:16:53 +0000

[...] current SEC Rule 205-3, an SEC registered investment adviser can charge a performance fee (also called a performance [...]

By: Important Hedge Fund Articles — Hedge Fund Law Blog

Important Hedge Fund Articles — Hedge Fund Law Blog — Fri, 31 Dec 2010 22:13:35 +0000

[...] Qualified Client [...]

By: SEC Rulemaking Agenda for Hedge Fund Registration — Hedge Fund Law Blog

SEC Rulemaking Agenda for Hedge Fund Registration — Hedge Fund Law Blog — Mon, 04 Oct 2010 09:02:52 +0000

[...] to the definition of “qualified client” will require hedge fund managers to revise their fund offering documents. Additionally, [...]

By: Obama Signs Historic Wall Street Reform Bill — Hedge Fund Law Blog

Obama Signs Historic Wall Street Reform Bill — Hedge Fund Law Blog — Sun, 25 Jul 2010 01:20:53 +0000

[...] the definition of both qualified client and accredited investor are affected. The definition of a qualified client will be required to be initially adjusted by the SEC and then will be adjusted every 5 years [...]

By: Investment Advisory Fees | Hedge Fund Performance Fees and Management Fees — Hedge Fund Law Blog

Sat, 12 Sep 2009 19:54:59 +0000

[...] fee be charged on a period of no less than one year. This rule is based on an earlier version of SEC Rule 205-3. What this means, essentially, is that managers who are registered in Indiana cannot charge [...]

By: Hedge Fund Performance Fee Issues for State Registered Investment Advisors | Hedge Fund Law Blog

Fri, 31 Oct 2008 20:01:12 +0000

[...] Qualified Clients [...]

By: Section 3(c)(1) Hedge Funds | Hedge Fund Law Blog

Section 3(c)(1) Hedge Funds | Hedge Fund Law Blog — Wed, 15 Oct 2008 21:52:19 +0000

[...] speaking investors in Section 3(c)(1) hedge funds will be both accredited investors and qualified clients. A 3(c)(1) fund must limit its investors to qualified clients if it wants to charge a performance [...]

By: Real Estate Hedge Fund Structure | Hedge Fund Law Blog

Real Estate Hedge Fund Structure | Hedge Fund Law Blog — Sun, 21 Sep 2008 20:43:57 +0000

[...] non-accredited investors. There is no requirement that investors in a real estate fund be either a qualified client or a qualified [...]