Wed, Jul 8, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

1,504 hedge fund advisers have registered with SEC since passage of Dodd-Frank

Monday, October 22, 2012

From Precy Dumlao, Opalesque Asia – The U.S. Securities and Exchange Commission (SEC) reported on Friday that the number of advisers to hedge funds and other private funds that have registered with the agency since the Dodd-Frank Act required mandatory registration in 2010, has reached 1,504.

This brings the total number of advisers to one or more private funds who are now registered with the SEC to 4,061, including the 2,557 advisers who had previously registered.

SEC Chairman Mary L. Schapiro said in a statement, "Prior to the Dodd-Frank Act, regulators only saw a slice of the pie but didn’t know how big the pie even was. The law enables regulators to better protect investors by providing a more comprehensive view of who’s out there and what they’re doing."

A total of 11,002 investment advisers now are SEC-registered, with 37% advising hedge funds and other private funds, according to the SEC statement. AuM at SEC-registered advisers has risen about $5.7tln, or 13%, even though the number of advisers fell about 15% as the Dodd-Frank Act required mid-sized advisers to move from federal to state oversight. Following this latter requirement, to date, more than 2,300 mid-sized advisers – those managing less than $100m of assets – have made the transition to state regulation.

The SEC issued a notice identifying 293 advisers who may no longer be eligible for registration with the SEC because ......................

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. Opalesque Exclusive: New systematic strategy managed alongside research firm outperforms S&P500[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: An emerging CTA manager explains how he runs his strategy, which is based on an index produced by a research firm. Peter Turk is head of

  2. Opalesque Exclusive: New systematic strategy embraces machine learning[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: The founder of a New York-based systematic trading firm, which offers a hybrid between alpha strategies and alternative feta at lower fees, describes his approa

  3. Larry Robbins' hedge fund Glenview buys 1m Tenet Healthcare shares[more]

    Komfie Manalo, Opalesque Asia: Glenview Capital Management said it bought an additional 979,482 shares at Tenet Healthcare Corp valued at $53.80 million, raising its stakes in the healthcare services company to 15.16%, reported

  4. Legal - Grayson’s hedge funds under scrutiny for possible ethics violations, Court rejects hedge fund’s motion to block merger of Samsung affiliates[more]

    Grayson’s hedge funds under scrutiny for possible ethics violations From Freebeacon.com: Rep. Alan Grayson is finding himself in hot water over managing hedge funds that bear his name, actions that are in possible violation of House ethics rules. Sitting members of Congress are prohibite

  5. Hedge funds decline in June as stocks tumble on Greek woes[more]

    From Bloomberg.com: Hedge funds posted losses across strategies last month as uncertainty over whether Greece will remain in the euro sent global stock markets tumbling. Winton Capital Management declined about 3.1 percent in June in its $12.1 billion Winton Futures Fund, leaving it down 1.9 percent

 

banner