United States Government Publishing Office publisher pbl distributor dst United States National Archives and Records Administration Office of the Federal Register author aut Government Organization text government publication eng FR Regulatory Information 2011_register executive 2011-07-06 article Part IV Rules and Regulations D09002ee1c7ffa3e6 D09002ee1c7ffa4c9 United States Securities and Exchange Commission originator org United States Government Agency or Subagency The Securities and Exchange Commission (the "Commission") is adopting rules to implement new exemptions from the registration requirements of the Investment Advisers Act of 1940 for advisers to certain privately offered investment funds; these exemptions were enacted as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the "Dodd-Frank Act"). As required by Title IV of the Dodd-Frank Act--the Private Fund Investment Advisers Registration Act of 2010--the new rules define "venture capital fund" and provide an exemption from registration for advisers with less than $150 million in private fund assets under management in the United States. The new rules also clarify the meaning of certain terms included in a new exemption from registration for "foreign private advisers." 76 FR 39646 https://www.govinfo.gov/app/details/FR-2011-07-06/2011-16118 2011-16118 fr06jy11-26 RIN 3235-AK81 8011-01-P Release No. IA-3222 File No. S7-37-10 https://www.govinfo.gov/app/details/FR-2011-07-06/2011-16118 https://www.govinfo.gov/content/pkg/FR-2011-07-06/html/2011-16118.htm https://www.govinfo.gov/content/pkg/FR-2011-07-06/pdf/2011-16118.pdf Reporting and Recordkeeping Requirements; Securities 58 p. 39646 39703 76 FR 39646 Title 17 Part 275 17 CFR Part 275 RIN 3235-AK81 Exemptions for Advisers to Venture Capital Funds, Private Fund Advisers With Less Than $150 Million in Assets Under Management, and Foreign Private Advisers; Federal Register Vol. 76, Issue RULE 2011-16118 IV SECURITIES AND EXCHANGE COMMISSION 2011-07-21 Release No. IA-3222 File No. S7-37-10 8011-01-P 2011-16118 Final rule.

The Securities and Exchange Commission (the "Commission") is adopting rules to implement new exemptions from the registration requirements of the Investment Advisers Act of 1940 for advisers to certain privately offered investment funds; these exemptions were enacted as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the "Dodd-Frank Act"). As required by Title IV of the Dodd-Frank Act--the Private Fund Investment Advisers Registration Act of 2010--the new rules define "venture capital fund" and provide an exemption from registration for advisers with less than $150 million in private fund assets under management in the United States. The new rules also clarify the meaning of certain terms included in a new exemption from registration for "foreign private advisers."

Effective Date: July 21, 2011. Brian McLaughlin Johnson, Tram N. Nguyen or David A. Vaughan, at (202) 551-6787 or IArules@sec.gov, Division of Investment Management, U.S. Securities and Exchange Commission, 100 F Street, NE., Washington, DC 20549-8549. Reporting and Recordkeeping Requirements; Securities Exemptions for Advisers to Venture Capital Funds, Private Fund Advisers With Less Than $150 Million in Assets, etc. , IArules@sec.gov Bloomberg.com http://online.wsj.com/article/SB10001424052748704853404575323073059041024.html#printMode http://www.bis.org/publ/cpss20r3.pdf http://www.sec.gov/comments/s7-35-10/s73510.shtml http://www.sec.gov/comments/s7-36-10/s73610.shtml http://www.sec.gov/comments/s7-37-10/s73710-124.pdf http://www.sec.gov/comments/s7-37-10/s73710.shtml http://www.sec.gov/divisions/investment/iard/iardfee.shtml http://www.sec.gov/info/smallbus/2010gbforumstatements.htm http://www.sec.gov/news/studies/hedgefunds0903.pdf http://www.sec.gov/rules/proposed/s73004.shtml Vol. 76, no. 129 Office of the Federal Register, National Archives and Records Administration 2011-07-06 continuing daily deposited born digital 526 p. Table of Contents: AE 2.7: GS 4.107: AE 2.106: KF70.A2 https://www.govinfo.gov/app/details/FR-2011-07-06 P0b002ee180d91f73 0097-6326 0042-1219 0364-1406 769-004-00000-9 000582072 f:fr06jy11 https://www.govinfo.gov/app/details/FR-2011-07-06 https://www.govinfo.gov/content/pkg/FR-2011-07-06/pdf/FR-2011-07-06.pdf https://www.govinfo.gov/content/pkg/FR-2011-07-06/xml/FR-2011-07-06.xml fdlp 39245 39762 DGPO 2011-07-06 2024-06-04 FR-2011-07-06 machine generated eng FR FR-2011-07-06 76 129