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Expert Analysis

SBIC Relief Act Will Be Good For Advisers — And Business

Law360, New York (April 7, 2014, 5:23 PM EDT) -- U.S. Rep. Blaine Luetkemeyer, a Missouri Republican, recently introduced new legislation, the SBIC Advisers Relief Act of 2014 (H.R. 4200), with the goal of resolving some of the unclear aspects of the Dodd-Frank Act for investment advisers to Small Business Investment Company funds. This new legislation will fix several regulatory uncertainties many advisers to SBIC, venture capital and private funds currently experience, as well as dramatically reduce legal and compliance costs for these advisers, without negatively impacting investor protections....

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