Getting Non-US Advisers In Line With Advisers Act

Law360, New York (February 9, 2012, 3:08 PM EST) -- The Dodd-Frank Wall Street Reform and Consumer Protection Act, signed into law on July 21, 2010, is a significant reform of U.S. law and regulatory framework governing the U.S. financial markets and industry.

Title IV of the Dodd-Frank Act made several changes to the Investment Advisers Act of 1940, which significantly narrow the exemptions from the Advisers Act's registration requirements that currently are available to advisers of private funds (including private equity and hedge funds).

As a result, many U.S. and non-U.S. private fund advisers will...
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