• SEC Adopts Reporting Obligations for Advisers to Private Funds
  • January 4, 2012 | Author: Jacquelyn A. Mancini
  • Law Firm: Hinckley, Allen & Snyder LLP - Providence Office
  • On October 26, 2011, the Securities and Exchange Commission (the "SEC") adopted new Rule 204(b)-1 under the Investment Advisers Act of 1940 (the "Advisers Act"). Rule 204(b)-1 requires SEC-registered advisers with at least $150 million in assets under management attributable to private funds to report certain information on Form PF.