Private Fund Advisers; Mid-Sized Advisers: SEC May Postpone until the First Quarter of 2012 the Dodd-Frank Requirements Applicable to Private Fund Advisers and Mid-Sized Advisers

Sullivan & Cromwell LLP - April 11, 2011
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The SEC appears likely to extend until the first quarter of 2012 the date by which private fund advisers must register with the SEC and the date by which mid-sized advisers (those with $25 million to $100 million in AUM) must transition to state regulation.