{"id":2632,"date":"2004-07-15T00:00:00","date_gmt":"2004-07-15T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"aima-consider-proposed-rules-for-registration-hedge-funds-usa","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2004\/aima-consider-proposed-rules-for-registration-hedge-funds-usa.html","title":{"rendered":"AIMA to consider proposed rules for registration of Hedge Funds in the USA"},"content":{"rendered":"<p>LONDON, ENGLAND \u00c3\u00af\u00c2\u00bf\u00c2\u00bd The Alternative Investment Management Association (AIMA), the leading global hedge fund and alternative investment association, will consider the proposed rules for the registrationof hedge fund managers in the USA, as voted for by the Securities and Exchange Commission\u00c3\u00af\u00c2\u00bf\u00c2\u00bds (SEC) yesterday. AIMA will focus on the implications for funds and managers domiciled outside of the USA.<\/p>\n<p>  The SEC has proposed the adoption of a rule under the Investment Advisers Act which will require hedge fund managers with 15 or more investor clients in a fund \u00c3\u00af\u00c2\u00bf\u00c2\u00bd with the manager required to \u00c3\u00af\u00c2\u00bf\u00c2\u00bdlook  through\u00c3\u00af\u00c2\u00bf\u00c2\u00bd a fund and count each investor in a fund or fund of funds as a client \u00c3\u00af\u00c2\u00bf\u00c2\u00bd and more than US $25 million under management to register under that Act and be subject to the SEC\u00c3\u00af\u00c2\u00bf\u00c2\u00bds authorisation,  oversight and supervision.<\/p>\n<p>  AIMA will consider the detailed rule, when published by the SEC, and anticipates making a submission in response to the SEC\u00c3\u00af\u00c2\u00bf\u00c2\u00bds public consultation on behalf of its members.<\/p>\n<p>  AIMA will not make any further comment until it has made its submission to the SEC, the deadline for which we understand will be 15th September, 2004.<\/p>\n<p>  AIMA\u00c3\u00af\u00c2\u00bf\u00c2\u00bds previous response to the SEC Staff Report can be found at http:\/\/www.aima.org\/uploads\/SECResponseAIMA.pdf.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LONDON, ENGLAND \u00c3\u00af\u00c2\u00bf\u00c2\u00bd The Alternative Investment Management Association (AIMA), the leading global hedge fund and alternative investment association, will consider the proposed rules for the registrationof hedge fund managers in the USA, as voted for by the Securities and Exchange [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-2632","post","type-post","status-publish","format-standard","hentry","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/2632","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=2632"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/2632\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=2632"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=2632"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=2632"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}