BNA INSIGHTS: The Regulated Investment Company Modernization Act of 2010: Proposed Legislation Would Update the Tax Rules for RICs

The House Sept. 28 approved H.R. 4337, the Regulated Investment Company Modernization Act of 2010 (the “Bill”), 1 containing provisions that can be grouped into…

BNA INSIGHTS: Financial Industry Reform: New Registration, Recordkeeping, and Reporting Requirements for Private Fund Managers

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.

Analysis: Trusts as Hedge Fund Investors? — Accredited Investor and Qualified Purchaser Rules for Trusts and Other Estate Planning Vehicles

Despite recent market conditions, hedge funds, private equity funds and similar alternative investments may continue to provide opportunities for fiduciaries seeking a well diversified…