Politics & Regulation

Asian hedge funds feel the urgency as SEC registration deadline approaches

by

Daniel Viola
Asia-based investment advisers and hedge fund managers that are required to register with the US Securities and Exchange Commission (SEC) should start making preparations now to be able to meet the July 21 deadline imposed by the Dodd-Frank Act, industry lawyers say.

Daniel Viola, partner at the New York-based law firm, Sadis & Goldberg, says it is prudent for hedge funds advisers to file their SEC registration as early as June 1 to ensure that they have a window of at least 45 days for their registration to be approved by the SEC.