Publications

February 1, 2006 Deadline for Hedge Fund Manager Registration Quickly Approaching
10/05/2005

By February 1, 2006, most hedge fund managers will be required to be registered with the Securities and Exchange Commission (SEC) as a registered investment adviser (RIA) under revised Rule 203(b)(3)-2 of the Investment Advisers Act of 1940 (the Advisers Act). Also by that date, these new RIAs:

• must have in place a written compliance program designed to prevent violations of the Advisers Act and its rules;
• must have designated a chief compliance officer to operate the program; and
• must have the program fully functioning.