I missed the introduction of the Pension Security Act. Rep Michael Castle introduced the bills in January and it was referred to the Committee on Education and Labor. It’s a short bill, but would have a big effect on the disclosure of investments in private investment funds. The bill revises a section of the Employee [...]
Tag Archives: Mike Capuano
Hedge Fund Adviser Registration Act of 2009
Congressmen Mike Capuano of Massachusetts and Mike Castle of Delaware introduced the Hedge Fund Adviser Registration Act of 2009 (H.R. 711). The Act, if passed, would delete Section 203(b)(3) from the Investment Advisers Act of 1940. This section of the Investment Advisers Act exempts from registration an investment adviser who has fewer than 15 clients [...]
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