SEC Adopts Rule On Fraud By Advisers To Pooled Investment Vehicles; Defers On Standards For Accredited Investors In Certain Private Investment Vehicles.
Mondaq Business Briefing › Nbr. 2007, January 2007
Linked as:
Summary
Securities and Exchange Commission
See the full content of this document
Extract
SEC Adopts Rule On Fraud By Advisers To Pooled Investment Vehicles; Defers On Standards For Accredited Investors In Certain Private Investment Vehicles.
On August 3, 2007, the Securities and Exchange Commission (the "Commission") issued Release No. 1A-2628 (the "Release"), in which it adopted a new rule designed to provide additional investor protections that would affect pooled investment vehicles, including hedge funds.
The rule, the "Adviser Anti-Fraud Rule," would prohibit advisers to pooled investment vehicles, including advisers that are not required ...See the full content of this document
Sponsored links
