Haynes and Boone, LLP
  December 28, 2010 - United States of America

SEC Proposes New Disclosure and Reporting Requirements for Investment Advisers
  by Taylor H. Wilson, Evan Hall, Katherine Addleman, Richard M. Fijolek, Vicki L. Martin-Odette, Christina Markell-Balleza, Rick A. Werner, David Siegal

On November 19, 2010, the Securities and Exchange Commission (the “SEC”) proposed new rules and amendments to existing rules and Form ADV under the Investment Advisers Act of 1940, as amended (the “Advisers Act”), that would implement various amendments to the Advisers Act contained as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Dodd-Frank Act”). The proposed rules and amendments, summarized below, would, among other things, clarify the eligibility of advisers to register (or remain registered) with the SEC, modify the way advisers calculate their assets under management, establish reporting requirements applicable to “exempt reporting advisers” and require advisers to make additional disclosures on Form ADV.

To read the full alert, please visit the Haynes and Boone website using clicking "Link to Article" below. Topics include:

For additional information regarding the proposed rules and amendments or any of the regulatory developments under the laws mentioned above, please contact one of the attorneys listed below:

Taylor H. Wilson
214.651.5615
[email protected]

Evan K. Hall
214.651.5831
[email protected]

Katherine Addleman
214.651.5783
[email protected]

Richard M. Fijolek
214.651.5570
[email protected]

Vicki L. Martin-Odette
214.651.5674
[email protected]

Christina Markell-Balleza
214.651.5486
[email protected]

Rick A. Werner
212.659.4974
[email protected]

David Siegal
212.659.4995
[email protected]




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Read full article at: http://www.haynesboone.com/sec_proposes_new_disclosure_and_reporting/