• SEC Expands Class of Knowledgeable Employees Eligible to Invest in Private Funds
  • March 4, 2014
  • Law Firm: Morrison Cohen LLP - New York Office
  • Managers of hedge funds and private equity funds may accept investments from an expanded array of key employees without risking their regulatory exemption from registration under the Investment Company Act of 1940 , following guidance issued earlier this month by the U.S. Securities and Exchange Commission.