We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Regulating Conn. Private Investment Funds

Law360 (March 19, 2009, 12:00 AM EDT) -- Connecticut lawmakers recently proposed three bills concerning hedge funds and other private investment funds, which were referred to the Banks Committee of the Connecticut General Assembly.

The proposed bills would, among other things: set minimum financial qualification requirements for investors in private investment funds; mandate certain disclosures to investors and prospective investors of private investment funds; and require private investment funds established or conducting business in Connecticut to be licensed with the Connecticut Banking Commissioner.

If the proposed bills are passed, they will become effective Oct....
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.