Private Funds and the Economic Growth, Regulatory Relief, and Consumer Protection Act

Last week, the Economic Growth, Regulatory Relief, and Consumer Protection Act became law,  providing some revisions to Dodd-Frank and some new regulatory wrinkles. Some of those revisions apply to private funds. Section 203 exempts Banks and Bank Holding Companies with (1) $10 billion or less in total consolidated assets and (2) total trading assets and trading … Read more »