Comments on: More on the Private Fund Transparency Act of 2009 http://www.compliancebuilding.com/2009/06/19/more-on-the-private-fund-transparency-act-of-2009/ Doug Cornelius on compliance and business ethics for private equity real estate Mon, 13 Feb 2012 12:56:20 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Obama Plan for Financial Regulatory Reform and Private Investment Funds | Compliance Building http://www.compliancebuilding.com/2009/06/19/more-on-the-private-fund-transparency-act-of-2009/comment-page-1/#comment-1286 Obama Plan for Financial Regulatory Reform and Private Investment Funds | Compliance Building Mon, 13 Jul 2009 12:03:46 +0000 http://www.compliancebuilding.com/?p=3367#comment-1286 [...] the Hedge Fund Adviser Registration Act of 2009, the Hedge Fund Transparency Act of 2009 and the Private Fund Transparency Act of 2009, we also have the Obama plan for financial reform: Financial Regulatory Reform – A New [...] [...] the Hedge Fund Adviser Registration Act of 2009, the Hedge Fund Transparency Act of 2009 and the Private Fund Transparency Act of 2009, we also have the Obama plan for financial reform: Financial Regulatory Reform – A New [...]

]]> By: Doug Cornelius http://www.compliancebuilding.com/2009/06/19/more-on-the-private-fund-transparency-act-of-2009/comment-page-1/#comment-1135 Doug Cornelius Mon, 22 Jun 2009 13:01:01 +0000 http://www.compliancebuilding.com/?p=3367#comment-1135 Tythan - This act is just one possibility. At this point I am not sure how private investments funds will be further regulated in the US. I would expect something by the end of the year. Certainly, over-regulation could push some activity offshore and stifle innovation in the industry. The other argument is to better define what risk the regulators are trying to control. I have not heard many good arguments for more regulation of private investment funds. As is the policy on this site, I cannot answer specific questions. You should seek your own securities counsel on how the investment advisers act may apply to a particular situation. Tythan -

This act is just one possibility. At this point I am not sure how private investments funds will be further regulated in the US. I would expect something by the end of the year.

Certainly, over-regulation could push some activity offshore and stifle innovation in the industry. The other argument is to better define what risk the regulators are trying to control. I have not heard many good arguments for more regulation of private investment funds.

As is the policy on this site, I cannot answer specific questions. You should seek your own securities counsel on how the investment advisers act may apply to a particular situation.

]]> By: Tythan http://www.compliancebuilding.com/2009/06/19/more-on-the-private-fund-transparency-act-of-2009/comment-page-1/#comment-1134 Tythan Mon, 22 Jun 2009 12:22:20 +0000 http://www.compliancebuilding.com/?p=3367#comment-1134 Thank you for this post. I have a question about the exemption planned for foreign investment advisers. Would it not be a strong (and dangerous) incentive to move out of the United-States the hedge fund industry? What is the current situation about foreign investors? Are they submitted to the 15 clients limit? What are the propositions of the two other bills on that subject? Thank you for this post.

I have a question about the exemption planned for foreign investment advisers. Would it not be a strong (and dangerous) incentive to move out of the United-States the hedge fund industry?

What is the current situation about foreign investors? Are they submitted to the 15 clients limit? What are the propositions of the two other bills on that subject?

]]> By: Weekend Reading: What Blackrock/BGI really means http://www.compliancebuilding.com/2009/06/19/more-on-the-private-fund-transparency-act-of-2009/comment-page-1/#comment-1130 Weekend Reading: What Blackrock/BGI really means Sat, 20 Jun 2009 19:55:10 +0000 http://www.compliancebuilding.com/?p=3367#comment-1130 [...] The Private Fund Transparency Act of 2009 seems much more intrusive to private investment funds than the Hedge Fund Adviser Registration Act of 2009 or the Hedge Fund Transparency Act of 2009. (Compliance Building) [...] [...] The Private Fund Transparency Act of 2009 seems much more intrusive to private investment funds than the Hedge Fund Adviser Registration Act of 2009 or the Hedge Fund Transparency Act of 2009. (Compliance Building) [...]

]]>