The Impacts of the Dodd-Frank Wall Street Reform and Consumer Protection Act on Registered Investment Companies and Advisers

July 19, 2010
President Obama is expected to sign into law this week the landmark financial reform legislation just approved by Congress. This update, which is part of a series of Dechert OnPoints regarding financial regulation reform, provides an overview of the legislation from the perspective of registered investment companies and their boards and registered investment advisers. It includes a discussion of (i) upcoming regulatory changes, including the regulation of incentive-based compensation; (ii) studies mandated by Congress that may result in future regulatory impacts; and (iii) changes to the financial markets that will impact “buy-side” participants.