Legislation proposed by the Obama Administration and several members of Congress would require managers to many types of private investment vehicles, such as hedge funds, private equity funds and non-US domiciled funds that have more than a minimal number of US investors, to register with the SEC under the Investment Advisers Act of 1940. Some related legislative proposals would require limited purpose registration of the investment vehicles themselves under the Investment Company Act of 1940.

  • What should private fund sponsors be doing now to prepare for these registration and compliance requirements?
  • What do private funds and managers need to do to develop and implement appropriate compliance procedures?

Whether you wish to gain an in-depth understanding of the processes and procedures that your fund will need to follow in order to ensure compliance with the Investment Advisers Act and other relevant laws, or you only need an overview of what's to come for private funds on the regulatory side, don't miss this opportunity to hear from experienced lawyers who understand the intricacies of this complex legislation.

Part I of this webinar will provide private fund sponsors and advisers with an overview of proposed legislation, discuss adviser "registration 101" basics and give practical answers to timing, cost and procedures involved with the registration and compliance requirements.

Part II of this webinar is a trio of weekly one-hour presentations geared towards senior executives, senior financial and compliance officers who will be in charge of implementing these new requirements and responsible for day-to-day compliance. Topics to be covered include:

  • November 12, 2009: Compliance procedures (costs, implementation and training involved); prevention of money laundering, custody, allocation rules and valuation of assets
  • November 19, 2009: Marketing, advertising and private placement rules
  • December 3, 2009: SEC examinations and how to prepare for them

Registration for Part I
You may register for Part I by using the link below. Invitations for Part II webinars will be sent at a later date. We encourage you to submit questions now at mdeandrea@mayerbrown.com if you would like them answered during the presentation.

Michael R. Butowsky
Michele L. Gibbons
Olga A. Loy

Thursday, November 5, 200
12:00 p.m. - 1:00 p.m. EST
11:00 a.m. - 12:00 p.m. CST
9:00 a.m. - 10:00 a.m. PST

5:00 p.m. - 6:00 p.m. GMT
6:00 p.m. - 7:00 p.m. CET

CLE credit is pending.

Webinar Access
Instructions for accessing the program will be sent prior to the event.

Register >>

For additional information, please contact Michelle DeAndrea at +1 312 701 8374 or mdeandrea@mayerbrown.com.

Learn more about Mayer Brown's Private Investment Fund practices.