ARTICLE
10 October 2016

Funds Talk: October 2016

KL
Herbert Smith Freehills Kramer LLP

Contributor

Herbert Smith Freehills Kramer is a world-leading global law firm, where our ambition is to help you achieve your goals. Exceptional client service and the pursuit of excellence are at our core. We invest in and care about our client relationships, which is why so many are longstanding. We enjoy breaking new ground, as we have for over 170 years. As a fully integrated transatlantic and transpacific firm, we are where you need us to be. Our footprint is extensive and committed across the world’s largest markets, key financial centres and major growth hubs. At our best tackling complexity and navigating change, we work alongside you on demanding litigation, exacting regulatory work and complex public and private market transactions. We are recognised as leading in these areas. We are immersed in the sectors and challenges that impact you. We are recognised as standing apart in energy, infrastructure and resources. And we’re focused on areas of growth that affect every business across the world.
Private fund advisers will face added disclosure requirements as a result of the adoption of the new Form ADV as well as new recordkeeping obligations.
United States Finance and Banking

Topics covered in this issue include:

SEC Adopts Rule Changes to Investment Advisers' Act, Registration Requirements
Private fund advisers will face added disclosure requirements as a result of the adoption of the new Form ADV as well as new recordkeeping obligations.

Kramer Levin Files Amicus Brief for SIFMA and The Clearing House in Federal Housing Finance Agency v. Nomura Holding America
Nomura and RBS have appealed the $806 million ruling, one of only a small number of significant mortgage-backed securities cases to proceed to trial.

SEC Approves FINRA's Capital Acquisition Broker Rules
The SEC has approved FINRA's proposed rules that would exempt certain firms from FINRA rules designed for more traditional broker-dealers.

Hedge Fund Law Report Quotes Kramer Levin's Fabien Carruzzo on Derivatives
In case you missed it, Kramer Levin's Fabien Carruzzo is quoted in this Hedge Fund Law Report article discussing the increasing use of synthetic leverage from derivatives instruments, the systemic risks involved and how regulators may respond.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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