The Private Fund Investment Advisers Registration Act of 2010, part of the Wall Street Reform Act, will require registration of many hedge fund manager who previously escaped registration with the SEC. Hedge fund, and other private fund, managers who do not fit into one of the Act’s exemptions will be required to register with either the SEC or a state regulatory agency. Advisers to larger funds will be required to register with the Securities and Exchange Commission (SEC), while advisers to smaller funds will be required by the Act to register at the state level.
Today’s analysis by our Experts Robert Bloink and William Byrnes is located at AdvisorFX Journal Hedge Fund Must Now Register with the SEC Under the New Wall Street Reform Act (CC 10-45)