With Melissa Murawsky, Mary Stokes, Thomas Westle
On June 22, 2011, the Securities and Exchange Commission (the "SEC") adopted final rules1 which implement certain provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the "Dodd-Frank Act"). Among other things, the final rules adopted by the SEC: (i) provide an extension to the SEC registration deadline for advisers currently relying on the "private adviser exemption," including hedge fund and private equity fund advisers, until March 30, 2012, (ii) implement exemptions fr