Dodd-Frank Act Changes Affecting Private Fund Managers and Other Investment Advisers
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The Dodd-Frank Wall Street Reform and Consumer
Protection Act (“Dodd-Frank”),
1 which was signed into
law on July 21, 2010, fundamentally changes a number of
areas affecting private funds, including the regulation of
swaps, a new restriction on the ability of banking entities
to sponsor or invest in private funds (the “Volcker Rule”),
and new reporting requirements for fund managers. This
article discusses those changes, as well as more minor
changes affecting the accredited investor defi nition, the
qualifi ed client defi nition and Rule 506 disqualifi cations....
Nội dung trích xuất từ tài liệu:
Dodd-Frank Act Changes Affecting Private Fund Managers and Other Investment Advisers
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Dodd-Frank Act Changes Affecting Private Fund Managers and Other Investment Advisers
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