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Legal Update

Status of Advisers Act Registration for Private Fund Advisers

28 December 2009
Mayer Brown Legal Update
The Private Fund Investment Advisers Registration Act of 2009 (the Registration Act) was passed in the House earlier this month. If it becomes law, it will eliminate the exemption from registration under the Investment Advisers Act of 1940 (the Advisers Act) used by many private fund advisers.

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