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Burt Mallon

Private Fund Investment Advisers Registration Act of 2009

Thursday, July 16th, 2009 at 9:03 am

The Department of Treasury released its proposed legislation in increase the regulatory oversight on private investment funds: Private Fund Investment Advisers Registration Act of 2009. The Administration’s legislation would require that all investment advisers with more than $30 million of assets under management to register with the SEC. This is presumably the Obama plan and… » Read More