Mon, Apr 27, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Easing of ad ban to change hedge fund landscape

Monday, September 03, 2012

From Precy Dumlao, Opalesque Asia – The easing on the ban on "general solicitation" and "general advertising" under the Jumpstart Our Business Startups Act, or JOBS Act, enacted 5 April 2012 will have a major impact on hedge funds and will likely change the industry’s landscape, said a partner and a special counsel at international law firm Schulte Roth & Zabel.

SRZ partner Marc E. Elovitz and special counsel Brad L. Caswell, co-authored an article entitled, The Long View: How Hedge Fund Advertising Has Been Impacted by the JOBS Act, that analyzes the impact of the JOBS Act, especially now that the U.S. Securities and Exchange Commission has submitted its proposal to enforce the new law.

Last week, the SEC belatedly submitted proposed rules to eliminate the prohibition against general solicitation and general advertising in certain securities offerings. The SEC was originally tasked to submit the proposals last July.

"I believe that the proposed rules fulfil Congress’s clear directive that issuers be given the ability to communicate freely to attract capital, while obligating them to take......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. U.S. does not want hedge funds to invest in offshore re-insurers for tax purposes[more]

    Komfie Manalo, Opalesque Asia: The U.S. Treasury Department on Thursday introduced a new rule aimed at limiting hedge funds’ ability to reduce their tax bills by investing in insurance companies in offshore tax havens. As a general rule, the U.S. tax laws does not allow hedge funds to use off

  2. Ruling: Hedge funds suing Argentina can have access to bond offering details[more]

    Komfie Manalo, Opalesque Asia: U.S. District Judge Thomas Griesa in Manhattan ruled yesterday that hedge funds are entitled to details of a recent bond offering by Buenos Aires, reports

  3. Hedge funds looking to continue their rally in Q2[more]

    Komfie Manalo, Opalesque Asia: Hedge funds finished the first quarter on a strong note and are looking to continue the rally in the second quarter, said Lyxor Asset Management in its Weekly Brief. The Lyxor Hedge Fund Index is up 0.4% over the week

  4. Hedge funds down -0.17% in March (+1.23%YTD)[more]

    Bailey McCann, Opalesque New York: The hedge fund industry produced an aggregate return of –0.17% in March to end Q1 2015 up 1.23%, compared to the S&P 500 which increased 0.96%, according to the latest data from eVestment. Hedge fund performance returns were mixed in March amid increased equity

  5. Fund managers express concern of overvaluation in both equity and bond markets[more]

    Komfie Manalo, Opalesque Asia: According to the BofA Merrill Lynch Fund Manager Survey, investors see growing overvaluations in both

 

banner