Impact Of SEC's Proposal To Register Hedge Fund Investment Advisers On The UK And Europe.

Mondaq Business BriefingNbr. 2004, May 2004

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Securities and Exchange Commission

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Impact Of SEC's Proposal To Register Hedge Fund Investment Advisers On The UK And Europe.

Many investment advisers to hedge funds and other investment funds currently qualify for exemption from registration as an investment adviser under the Investment Advisers Act of 1940 (Advisers Act). The U.S. Securities and Exchange Commission (SEC) recently proposed a rule that would narrow one important exemption. If adopted, the rule would require SEC registration for many currently unregistered investment advisers, including non-U.S. based investment managers of non-...

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