The New Hedge Fund Regulatory Era Begins
K&L Gates Webinar Recording
By Michael S. Caccese, Nicholas S. Hodge, Rebecca O'Brien Radford, George Zornada .
Program Overview
On July 21, President Obama signed into law the "Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010." The new law will require all hedge fund managers (with certain exceptions for small and mid-sized managers) to register with the Securities and Exchange Commission and will subject them to regulatory oversight both under the Investment Advisers Act and under a new systemic risk regime administered by the SEC and a new Financial Stability Oversight Council. Under an amended version of the Volcker Rule, federally insured depository institutions and financial holding companies will face strict limitations on sponsoring and investing in hedge funds. In addition, the legislation has increased the enforcement powers and budget of the SEC, which is now focused as never before on hedge funds.
If you were unable to join us for the original presentation on July 27, 2010, you may access the webinar recording and presentation materials by clicking here.
