• Key Aspects of the SECs Recent Changes to the Advisers Act Pursuant to the Dodd-Frank Act
  • July 6, 2011 | Author: Kerry Shannon Burke
  • Law Firm: Covington & Burling LLP - Washington Office
  • On June 22, 2011, a divided Securities and Exchange Commission (“SEC”) adopted certain rules and rule amendments under the Investment Advisers Act of 1940, as amended (the “Advisers Act”) to implement a number of sweeping regulatory changes mandated by the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Dodd-Frank Act”). This e-alert highlights key aspects of these changes for investment advisers, including the managers of hedge, private equity and venture capital funds and other pooled investment vehicles.