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Dodd-Frank Becomes Law: Key Issues for Private Fund Managers

July 27, 2010


On Wednesday, July 21, 2010, the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Dodd-Frank Act” or the “Act”) was enacted. This Memorandum identifies and analyzes key legislative issues for private fund managers regarding (i) investment adviser registration, (ii) the Volcker rule, (iii) prudential risk regulation, (iv) derivatives and (v) additional provisions affecting investment advisers.