Banking and Finance

Recent Posts

Summary of the Proposed Amendments to Form ADV and Investment Advisers Act Rules
Posted on 4 Aug 2015 by Alexander Davie

On May 20, 2015, the SEC issued proposed amendments to Form ADV and the Investment Advisers Act rules. In the release, the SEC proposed amendments to Form ADV that would require advisers to disclose additional information, such as information about separately... Read More

Investment Advisers May Need to Report General Partner Ownership
Posted on 27 Mar 2012 by Asher Bearman

Important news out of the SEC this week for investment advisers who are now registering or filing reports as exempt reporting advisers (ERAs) courtesy of the new Dodd-Frank requirements. The SEC posted a new FAQs on its website regarding Form ADV... Read More

Middle Names and Form ADV
Posted on 22 Feb 2012 by Doug Cornelius

When filling out Form ADV, Schedule A and Schedule B require you to disclose control persons, owners, and significant indirect owners of the investment adviser. The instructions call for the full legal name: Last name, first name, and middle name.... Read More

Have You Set Up Your IARD Account?
Posted on 24 May 2011 by Doug Cornelius

With the impending deadline for filing Form ADV to register as an investment adviser, you need to jump through some hoops before you can do the filing. First step is visiting the Investment Adviser Registration Depository . Form ADV needs to be filed... Read More

Time for the SEC to Extend a Deadline
Posted on 23 May 2011 by Doug Cornelius

Dodd-Frank set a July 21 deadline for changes to the Investment Advisers Act in Title IV: The Private Fund Investment Advisers Registration Act . This included the expiration of the private adviser exemption from registration under the Investment... Read More

The Clock is Ticking for Private Fund Managers
Posted on 13 Feb 2012 by Doug Cornelius

With a registration deadline of March 30, 2012 and a 45 day period for the SEC to review the application , private fund managers need to file their Form ADV by February 14. I know that there are fund managers still on the fence on whether to register... Read More

Amending the Reporting Requirements of Form ADV & Modifying Pay to Play Rule
Posted on 22 Aug 2011 by K & L Gates LLP

by Marc Mehrespand and Joshua O'Melia Various companion releases implementing various provisions of the Dodd-Frank Act. Form ADV amendments, Rule 206(4)-5, and registration requirements for private funds. Excerpt: In much anticipated companion... Read More

Form ADV, Valuations, and Timing for New Registrations
Posted on 9 Nov 2011 by Doug Cornelius

With hundreds (thousands?) of private fund managers set to register with the Securities and Exchange Commission next quarter, the new form ADV is on the IARD system and ready for you to start uploading information. I noticed the first problem. ... Read More