Fri, May 24, 2013
A A A
Welcome Guest
Free Trial RSS
New! Family Office and Investor Database with 11,750 contacts
Alternative Market Briefing

Compliance burden for investment managers to private funds has increased two years since the Dodd-Frank Act
Tuesday, October 16, 2012

From Komfie Manalo, Opalesque Asia:

The compliance burden for investment managers to private funds has increased substantially in the more than two years since the enactment of the Dodd-Frank Act, said international law firm Akin Gump Straus Hauer & Feld.

In its Special Report it disclosed that many private fund managers have registered with the Securities and Exchange Commission. In addition to implementing compliance programs, fund managers must disclose information relating to each of their funds in a standardized question and answer format (i.e., Form ADV Part 1), a narrative brochure that describes the risks of the funds and potential conflicts of interest (i.e., Form ADV Part 2), and a lengthy and confidential report of the systemic risk posed by the funds that the manager manages (i.e., Form PF).

The law firm commented, "Even investment advisers that are exempt from registration under new exemptions from registration added by the Dodd-Frank Act are required to publicly disclose limited information in a filing with the SEC. Also, the SEC staff is beginning the process of examining the newly registered advisers and other advisers over the next year and a half to two years, and all registered inves......................

To view our full article Click here
Article link
Banner
Today's Exclusives Today's Other Voices Banner More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing
  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: Endurance Series Trust launches first mutual fund, multi-series trust[more]

    Bailey McCann, Opalesque New York: Endurance Series Trust, a multi-series trust, is launching with Gator Capital Management, LLC as the adviser for the Trust’s first mutual fund series. Endurance Fund Services, LLC, an independently owned and operated fund administration company will serve as t

  2. Morgan Creek Capital Management to acquire Signet Capital Management[more]

    Bailey McCann, Opalesque New York: Investment firm Morgan Creek Capital Management has acquired Signet Capital Management a UK-based credit fund of funds with $700M in assets under management. Under the agreement, Signet will contribute its funds and senior investment management team to Morgan Creek

  3. North America – Students are launching hedge funds on colleges across America[more]

    From Valuewalk.com: …From Cornell, whose student-run hedge fund beat Wall Street returns to the University of Michigan, which allows its students to manage as much as $250,000, student hedge fund are becoming a more prominent part of financial education. Their success has attracted the attention of

  4. Comment – Can hedge funds survive Bernanke?[more]

    From Bloomberg.com: …The biggest reason for the market tranquility might be the Federal Reserve's repeated assurances that it will maintain zero interest rates and provide monetary stimulus until the economy recovers, and unemployment ebbs. That may just account for the recent flurry of storie

  5. Is investing in art holding up?: Whilst there is a huge degree of instability worldwide, top works will sell well in 2009. Works that are not fresh to the market or works that have been heavily speculated on will see a 20% to 40% drop in prices. But really rare pieces will sell well.
Click here for More about Opalesque Tracking
- A new, unique Premium Service -
  1. Penrich
  2. MS
  3. MGH
  4. NZARA
  5. 36 South
  1. managed account
  2. man group
  3. Ucits
  4. asian hedge fund
  5. launch