SEC Expected to Consider Extending Adviser Registration and Deregistration Deadlines


In a letter to the North American Securities Administrators Association, Inc. dated April 8, 2011, Robert Plaze, the Associate Director of the SEC’s Division of Investment Management, stated that the SEC anticipates completing its rulemaking to implement two provisions of the Dodd-Frank Act by July 21, 2011 (as instructed by Congress), but expects that the SEC will consider extending the date by which affected advisers must come into compliance with the newly adopted rules until the first quarter of 2012. The two provisions Mr. Plaze referred to are...

Please see full article below for more information.

LOADING PDF: If there are any problems, click here to download the file.

Published In: Administrative Agency Updates, Finance & Banking Updates, Securities Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Katten Muchin Rosenman LLP | Attorney Advertising

Don't miss a thing! Build a custom news brief:

Read fresh new writing on compliance, cybersecurity, Dodd-Frank, whistleblowers, social media, hiring & firing, patent reform, the NLRB, Obamacare, the SEC…

…or whatever matters the most to you. Follow authors, firms, and topics on JD Supra.

Create your news brief now - it's free and easy »