Futures & Derivatives Law Report
Recent Regulatory Developments Affecting Private Fund Managers
The Commodity Futures Trading Commission and the Securities and Exchange Commission have recently proposed new rules implementing sweeping changes passed as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank”). If adopted these proposed rules will have a significant impact on many investment funds and their managers. This article focuses on certain of these proposed rules as well as related provisions of Dodd-Frank.