RECENT TRENDS AND REGULATORY IMPLICATIONS IN SOCIALLY RESPONSIBLE INVESTMENT FOR PENSION FUNDS
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In addition, the Act significantly narrows the exemptions from registration contained in (i) Section
203(b)(1) of the Advisers Act (which generally exempts from SEC registration intrastate advisers) to
expressly exclude investment managers that advise Private Funds, and (ii) Section 203(b)(6) of the
Advisers Act (which generally exempts from SEC registration advisers registered with the Commodities
Futures Trading Commission (“CFTC”) as commodity trading advisers) to limit that exception to
advisers who do not “predominately” provide securities-related advice.
Under the Act, the SEC is required to take into account the size, governance and investment strategy
of Private Funds when prescribing regulations...
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RECENT TRENDS AND REGULATORY IMPLICATIONS IN SOCIALLY RESPONSIBLE INVESTMENT FOR PENSION FUNDS
Nội dung trích xuất từ tài liệu:
RECENT TRENDS AND REGULATORY IMPLICATIONS IN SOCIALLY RESPONSIBLE INVESTMENT FOR PENSION FUNDS
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