Politics & Regulation

Asian funds feel urgency as SEC registration deadline looms


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 21 July deadline imposed by the Dodd-Frank Act, industry lawyers say.

Daniel Viola, partner at New York-based law firm Sadis & Goldberg, says it is prudent for hedge fund advisers to file their SEC registration as early as 1 June to allow at least 45 days for their application to be approved.

Viola expects that the SEC will adhere to the 21