Release IA-3111 – Compliance Building

Regulation of Private Fund Advisers at the State Level

Doug Cornelius December 16, 2010October 2, 2013 Investment Advisers Act, Private Investment Funds [+]

The Dodd-Frank Wall Street Reform and Consumer Protection Act raised the level for registration with the SEC and removed the commonly used exemption from registration used by private fund advisers. That means smaller traditional investment advisers will be kicked out of the SEC registration and into the state registration systems. That also means that advisers … Read more »

The SEC Defines Venture Capital

Doug Cornelius November 22, 2010March 2, 2012 Investment Advisers Act 2

The SEC is moving much faster in releasing proposed rules after the SEC Open Meetings. After Friday morning’s open meeting discussing the exemption from registration for venture capital funds, the SEC has released the full text of the proposed rule merely several hours later. I have been waiting to see how broad this exemption will … Read more »