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Clifford Chance

SEC Likely to Postpone Deadlines for Compliance with Investment Adviser Registration and Reporting Requirements under the Dodd-Frank Act

Client Briefing

10 April 2011

The staff of the U.S. Securities and Exchange Commission (the “SEC”) has indicated that the SEC will consider postponing to the first quarter of 2012 the July 21, 2011 registration deadline for currently unregistered private equity and hedge fund advisers who are required to register with the SEC under the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Dodd-Frank Act”) – and presumably also the August 20, 2011 reporting deadline for “exempt reporting advisers” under the Dodd-Frank Act.

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SEC Likely to Postpone Deadlines for Compliance with Investment Adviser Registration and Reporting Requirements under the Dodd-Frank Act

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