Dodd-Frank Investment Advisers
Dodd-Frank vs. Reality
Investment Advisers Last week the SEC “was persuaded” to extend the compliance date for Dodd-Frank Act’s requirement that registered investment advisers provide their clients with brochure supplements written in plain English. The new compliance dates vary. The Securities Industry and Financial Markets Association and others requested the delay of the extention of the compliance date, citing... Read more →
SEC Approves Revised Fees for Investment Advisers
Investment Advisers On December 2, 2010 the SEC issued a notice indicating its intent to charge revised fees IARD filing fees for investment advisers registering or registered with the SEC. The... Read more →
SEC Extends Temporary Rule Regarding Principal Trades with Certain Advisory Clients
Broker-Dealer, Investment Advisers Under Section 913 of the Dodd-Frank Act, the SEC is required to conduct a study, and provide a report to Congress, concerning the obligations of broker-dealers and investment... Read more →
SEC Proposes Permanent Rule Requiring Municipal Advisors to Register With Agency
Banking, Broker-Dealer, Investment Advisers The SEC has proposed a rule creating a new process by which municipal advisors must register with the SEC. The proposed rule, required by the Dodd-Frank Wall Street Reform and... Read more →
Will Whistleblower Claims Give Rise to More SEC Enforcement Actions?
Broker-Dealer, Investment Advisers, Private Equity The Dodd-Frank Act’s whistleblower protection provisions will go into effect no later than nine months after July 22, 2010. When they do, it will be interesting to see if they... Read more →
SEC Proposes Revised Fees for Investment Advisers
Investment Advisers Section 204(b) of the Investment Advisers Act of 1940 authorizes the SEC to require investment advisers to file applications and other documents through an entity designated by... Read more →
SEC Adopts Temporary Rule Regarding Principal Trades with Certain Advisory Clients
Broker-Dealer, Investment Advisers On September 24, 2007, the SEC adopted, on an interim final basis, rule 206(3)-3T, a temporary rule under the Investment Advisers Act of 1940 that provides an alternative means... Read more →
SEC Proposes Rules Regarding Eligibility of Investment Advisers to Register With the SEC
Banking, Broker-Dealer, Investment Advisers, Private Equity Title IV of the Dodd-Frank Act includes many of the amendments to the Investment Advisers Act implemented by the Dodd-Frank Act. These amendments include provisions that... Read more →
A Definition of “Venture Capital” Only the SEC Could Think Of
Investment Advisers, Private Equity The Dodd-Frank Act repealed the “private adviser exemption” contained in section 203(b)(3) of the Investment Advisers Act on which advisers to many venture capital funds... Read more →
SEC Proposes Rules for Private Fund Adviser Exemption
Investment Advisers, Private Equity The Dodd-Frank Act repealed the “private adviser exemption” contained in section 203(b)(3) of the Investment Advisers Act on which advisers to many private equity and hedge... Read more →