North American Securities Administrators Association revises proposed model rule addressing state registration of exempt private fund managers. (article on FizzLaw)

North American Securities Administrators Association revises proposed model rule addressing state registration of exempt private fund managers.

August 2, 2011

This article discusses a new model rule by the North American Securities Administrators Association (NASAA) which complements federal securities laws and addresses when an fund manager exempt from federal registration is also exempt from state registration.

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North American Securities Administrators Association revises proposed model rule addressing state registration of exempt private fund managers.

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Alexander Davie

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Private Fund | Investment Adviser | Dodd-Frank

North American Securities Administrators Association revises proposed model rule addressing state registration of exempt private fund managers.