3.0.0 1402 2023-01-11T16:47:41Z 2023-01-11T16:47:41Z Senate S S 2007-05-15 110 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred to 2007-05-15T20:15:27Z Securities and Exchange Commission Authority Restoration Act of 2007 110 2586 HR 2007-06-06 Referred to the House Committee on Financial Services. Related bill CRS 2007-05-15 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. IntroReferral 2007-05-15 Sponsor introductory remarks on measure. (CR S6141-6142) IntroReferral B00100 9 Library of Congress 2007-05-15 Introduced in Senate IntroReferral 10000 9 Library of Congress G000386 Sen. Grassley, Chuck [R-IA] Charles Grassley R IA E. N Finance and Financial Sector Investment advisers Securities regulation Finance and Financial Sector 00 2007-05-15 Introduced in Senate 2007-06-27T17:37:51Z Hedge Fund Registration Act of 2007 - Amends the Investment Advisers Act of 1940 with respect to the exemption from registration requirements of an investment adviser who: (1) during the preceding 12 months has had fewer than 15 clients; (2) does not hold himself out generally to the public as an investment adviser; and (3) does not act as one to any registered investment company or a company which has elected to be a business development company.

Revises such exemption to specify, in addition to these criteria, that during the preceding 12-month period the investment adviser: (1) had assets under management of not more than $50 million; and (2) did not manage the assets of more than 15 investors, whether individually, in a pooled investment vehicle, or otherwise.

]]> Hedge Fund Registration Act of 2007 Display Title Hedge Fund Registration Act of 2007 Official Title as Introduced A bill to amend the Investment Advisors Act of 1940, with respect to the exemption to registration requirements. Introduced in Senate IS Short Titles as Introduced Hedge Fund Registration Act of 2007 Introduced in Senate 2007-05-15T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-110s1402is/xml/BILLS-110s1402is.xml 2007-05-15 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.