Advisers Act Registration and Regulation of Private Fund Managers and Non-U.S. Institutions after the Dodd-Frank Act

21 July 2010
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This client memo examines the impact of the Dodd-Frank Wall Street Reform and Consumer Protection Act on private fund managers and other institutions (including non-U.S. institutions). In particular, the memo discusses changes to the exemptions from registration under the Advisers Act, the impact of registration on private fund sponsors and certain other provisions that may affect fundraising by private fund sponsors, including a change to Regulation D.