SEC Registered Investment Advisers—A Review of 2016 and a Look at What’s Ahead for 2017

Robinson & Cole LLP
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As we near the seventh anniversary of the passage of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank), private equity and hedge fund advisers are subject to an ever-increasing degree of supervision by the Securities and Exchange Commission (SEC) and other governmental agencies and self-regulatory organizations. At the same time, the regulations governing advisers and their activities are constantly changing. This annual update serves as a brief snapshot of some U.S. and offshore regulatory changes and proposals. We first reflect on some significant statutory and regulatory changes in 2016 and then consider some recently adopted and potential changes.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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