• SEC Proposes New Family Office Exemption from IA Registration
  • October 25, 2010
  • Law Firm: Winston Strawn LLP - Chicago Office
  • On Tuesday, Oct. 12, 2010, the Securities and Exchange Commission (the “SEC” or the “Commission”) proposed a new rule, based on requirements under the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Dodd-Frank Act”), that would enable “family offices” to be exempt from investment adviser registration under the Investment Advisers Act of 1940, as amended (the “Advisers Act”).