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Hedge Fund Assets See Strong Increase Over 4Q10

Thursday, 20 January 2011 15:20 Hedge Funds experienced a substantial increase in assets over the fourth quarter of 2010, data provider Hedge Fund Research (HFR) said at an industry presentation on Wednesday. Industry assets increased $149 billion in the fourth quarter, the greatest quarterly increase on record, ahead of the $140 billion increase during the […]

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CFTC Proposes to Eliminate Key Exemptions from CPO Registration

Tuesday, 15 February 2011 07:36 Overview In light of the recent economic turmoil, the Commodity Futures Trading Commission (CFTC) recently proposed to amend its existing regulations and enact one new regulation regarding Commodity Pool Operators (CPOs) and Commodity Trading Advisors (CTAs). The proposed changes to CPO and CTA compliance obligations are intended to be consistent […]

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SEC Toughens Up on Side Pockets

Wednesday, 09 March 2011 15:17 Hedge funds have increasingly used a mechanism known as a side pocket to store illiquid or hard-to-value assets. Storing these assets in a side pocket has benefits for both investors and fund managers. However, in the past few months, the Securities & Exchange Commission has cracked down on the use […]

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JOBS Act Eases Restrictions on Hedge Fund Marketing

On April 5, 2012, President Obama signed the Jumpstart Our Business Startups (JOBS) Act into law. Hedge funds and their managers have followed the JOBS Act with interest and should note that the Act: (1) eliminates the ban on general solicitation and general advertising for sales of securities to accredited investors under Regulation D; (2) […]

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Prop Trading Ban Set to Increase Hedge Fund Startups

Thursday, 28 April 2011 11:40 While the final FinReg bill, which passed in July, contained only a watered down version of the so-called Volcker Rule, it is becoming increasingly obvious that the nature of proprietary trading operations at large U.S. financial institutions will change as a result of the new rule. Indeed, reports of prop […]

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CFTC Rule Changes to Affect Many Commodity Pool Operators

Tuesday, 10 April 2012 00:00 The Commodity Futures Trading Commission (“CFTC”) adopted final regulations on February 8, 2012 that will have a substantial impact on private fund managers, including many managers that are now exempt from registration as commodity pool operators (“CPOs”) and commodity trading advisers (“CTAs”). As the CFTC aims for greater transparency and […]

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SEC Increases Hedge Fund Disclosure Requirements With Form PF

Monday, 23 April 2012 00:00 The hedge fund industry is facing unprecedented registration and disclosure requirements as a result of the Dodd-Frank Act. The Securities and Exchange Commission (“SEC”) has recast Form ADV, the US registration form for investment advisors, so that the entire form is now public on the agency’s website. Form ADV is […]

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SEC Paves the Way to Hedge Fund Advertising Under JOBS Act

Wednesday, 10 October 2012 00:00 On August 29, 2012, the Securities and Exchange Commission (“SEC”) proposed new rules (“Proposed Rules”) to implement the Jumpstart Our Business Startups Act (“JOBS Act“), which was signed into law on April 5, 2012. Under the Proposed Rules, which are mandated by the JOBS Act, hedge funds would be permitted […]

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Rob Joseph Adds Depth to Corporate Practice Group

  Thursday, 13 April 2017 Davis Gillett Mottern & Sims LLC is proud to announce the addition of Robert R. Joseph as a partner in the firm’s Corporate Practice Group. Rob is a graduate of Rhodes College as well as Emory University School of Law. From 1998 through 2005, Rob was an associate in the […]

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