Thu, Dec 18, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
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

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. Investing - Big hedge funds win again on PetSmart, Riverbed, RBS sells real estate loans to hedge fund Cerberus, Talisman energy speculation: Which hedge funds could benefit?[more]

    Big hedge funds win again on PetSmart, Riverbed From CNBC.com: Another week, another set of wins for activist investors. On Sunday, pet supply retailer PetSmart agreed to the largest leveraged buyout of the year at $8.7 billion. Hedge fund firm JANA Partners had been pushing for a sale a

  2. Outlook - Hedge fund manager who remembers 1998 rout says prepare for pain, Bond guru Bill Gross predicts U.S. economic growth to dip to 2%[more]

    Hedge fund manager who remembers 1998 rout says prepare for pain From Bloomberg.com: Stephen Jen landed in Hong Kong in early January 1997 as Morgan Stanley’s newly minted exchange-rate strategist for Asia. He was soon working around the clock when investors began targeting the region’s

  3. Opalesque Exclusive: U.S. legal receivables fund launched in August[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Investing in asset-backed receivables is a strategy that has been an integral part of the alternative investment space within the overall fixed income asset c

  4. Comment - High fees and low performance hit hedge funds[more]

    From FT.com: Disenchantment over high fees and lackluster performance may finally be turning the tide against hedge funds, fresh data suggest. Despite generally weak returns since the global financial crisis, hedge funds have enjoyed positive net inflows every year since 2010. This helped assets und

  5. Performance - Lansdowne, Man Group, other hedge funds profit from shorts in oil, Turmoil boosts hedge funds that bet against Russia, oil, CTAs post strongest returns since December 2010[more]

    Lansdowne, Man Group, other hedge funds profit from shorts in oil From Valuewalk.com: The rising short interest in oil companies implies that the worst for oil is yet to come. Data from Markit shows that short exposure in energy sector of S&P 500 is still looming close to the highest mar