Paperwork Galore: SEC Proposes Rules Requiring Public Reporting by Exempt Investment Advisers


The SEC has proposed rules (Release No. IA-3110) requiring public reporting by exempt investment advisers.  The proposed reporting requirements for exempt investment advisers, which are not necessarily required under the Dodd-Frank Act, will impose substantial burdens on exempt investment advisers.  The Dodd-Frank Act neither specifies the types of information the... Read More

Topics: Investment Advisers, Private Equity

First Meeting of Financial Stability Oversight Council


The Financial Stability Oversight Council (sometimes referred to as FSOC) convened its first “Official” meeting on October 1, 2010.  There’s no lack of political maneuvering behind the scenes.  Despite the congressional scuttlebutt, the Council appeared to have a focused, energized agenda.  It passed resolutions during its meeting concerning a variety of... Read More

Topics: Banking, Insurance, Private Equity

More Clues on the SEC Dodd-Frank Timeline


SEC Chair Mary Schapiro testified before the Senate Committee on Banking, Housing, and Urban Affairs on September 30, 2010. In so doing she gave more clues on the SEC’s regulatory priorities under the Dodd-Frank Act and timing for rulemaking actions.  OTC Derivatives.  Title VII of the Dodd-Frank Act provides a... Read More

Topics: Banking, Energy, Executive Compensation, Private Equity, Public Companies and Securities