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Clifford Chance

Clifford Chance


SEC Proposes Amendments to Form ADV and Rules under the Investment Advisers Act with Important Implications for Private Fund Advisers

26 May 2015

The staff of the US Securities and Exchange Commission proposed amendments last week designed, among other things, to permit multiple private fund advisers operating a single advisory business to register with the SEC on a single Form ADV, and to collect more information about investment advisers and their affiliates.  The SEC will accept comments on the proposed amendments for 60 days after the proposing release appears in the Federal Register.

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