SEC Charges Two Hedge Fund Managers over $1 Billion Sent to Petters Ponzi Scheme
October 20, 2010 in Alternative Investment Law Report · Leave a Comment
The Securities and Exchange Commission Oct. 14 brought charges against two Florida-based hedge fund managers and their firms over an…
Disclosures by Hedge Fund Advisers Not Reviewed Properly, SEC Inspector General Concludes
October 6, 2010 in Alternative Investment Law Report · Leave a Comment
No division or office at the agency regularly reviews the periodic reports submitted on a quarterly…
BNA INSIGHTS: SEC Overhauls Registration Form for Investment Advisers … And Misses an Opportunity
September 29, 2010 in Alternative Investment Law Report · Leave a Comment
The Dodd-Frank Act was on the minds of the five Commissioners of the U.S. Securities and Exchange Commission as they voted in July to overhaul Form ADV, the application and…
SEC Scrutinizing Due Diligence Processes at Advisers of Alternative Investment Funds
September 15, 2010 in Alternative Investment Law Report · Leave a Comment
The Securities and Exchange Commission’s Office of Compliance Inspections and Examinations is reviewing compliance and supervisory practices at investment advisers of private pools of…
SEC Rulemaking under Dodd-Frank Begins with Interim Rule to Register Municipal Advisers
September 15, 2010 in Alternative Investment Law Report · Leave a Comment
In its first rulemaking under the financial regulatory reform act, the Securities and Exchange Commission Sept. 2 announced that it has adopted a temporary rule to require…
BNA INSIGHTS: Financial Industry Reform: New Registration, Recordkeeping, and Reporting Requirements for Private Fund Managers
August 31, 2010 in Securities Regulation & Law Report · Leave a Comment
The Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Dodd-Frank Act”) will fundamentally change many aspects of financial industry regulation in the United States.
BNA INSIGHTS: Employee Retirement Income Security Act Fiduciary Rules and Target Date Funds
August 19, 2010 in Alternative Investment Law Report · Leave a Comment
In a Dec. 4, 2009, response to questions from Avatar Associates regarding conflicts of interest in target date funds, the U. S. Department of Labor clarified that plan…
SEC Proposes Framework for Fund Fees; Approves Adviser Disclosure Form Changes
July 28, 2010 in Alternative Investment Law Report · Leave a Comment
The Securities and Exchange Commission July 21 unanimously proposed extensive changes to the framework for mutual fund distribution fees that would cap…
SEC Proposes Framework for Fund Fees; Approves Adviser Disclosure Form Changes
July 26, 2010 in Securities Regulation & Law Report · Leave a Comment
The Securities and Exchange Commission July 21 unanimously proposed extensive changes to the framework for mutual fund distribution fees that would cap…
SEC Adopts Adviser ‘Pay-to-Play’ Rule; Industry Welcomes Easing of Solicitor Ban
July 2, 2010 in Securities Regulation & Law Report · Leave a Comment
Securities and Exchange Commission members June 30 unanimously voted to adopt a new rule designed to curb pay-to-play practices by investment…
