Q&A: Hedge and Private Equity Funds Under Financial Reform Law
July 23, 2010 | By: Editor
Source: Law.com – Newswire
The financial reforms signed into law by President Barack Obama target a sector previously free from vigorous government scrutiny: hedge funds and private equity funds. The Private Fund Investment Advisers Registration Act of 2010, enacted as part of the reform law, calls for most hedge fund and private fund advisers to register with the SEC. WilmerHale partner Thomas Beaudoin discusses the types of companies subject to the law, what it means for overseas private advisers and the law’s impact on attorneys.
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