Reminder: Annual US Reporting and Compliance Obligations
The US federal securities laws impose certain reporting and compliance obligations on investment managers and funds that must be complied with each year. In 2011 several new requirements will apply as a result of the Dodd-Frank Wall Street Reform and Consumer Protection Act and related rulemaking. Some of these annual requirements apply only to investment managers that are registered in the United States as investment advisers, but others apply to investment managers located outside the United States and not registered with the Securities and Exchange Commission or to funds located outside the United States. This update examines these reporting and compliance requirements.