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As the managers of these types of funds, you are expected to maintain returns and be nimble in the face of changing markets, while complying with looming new regulatory burdens. While we cannot help with returns, we can help make the regulatory process easier to navigate and understand.  \nMany of you will be required to register with the SEC as investment advisers. We have prepared this guide to assist you in registering. We have broken down our discussion into three main sections. The first section is a summary in question and answer format of the key points that you should think about when you are registering. The second section provides more detail on the registration process and includes various requirements applicable to SEC-registered advisers, as well as certain general state requirements. The third section provides a timeline to assist you in registering.  \nAnd unlike Dickens, we have tried to be as brief as possible","cbCail9ECOYfTTlr","https://ap.wps.com/l/cbCail9ECOYfTTlr","pdf",424335,36,"English","# Introduction\n## Summary FAQs\n# Guide to Registration\n## How to Register\n## Review and complete Form ADV Part 1 and Part 2\n## Entitlement and Filing Fees\n## Completing and Filing Form ADV; Notice Filings\n## Obtaining SEC approval\n## SEC Registered Investment Adviser Requirements\n## Timeline for SEC Registration\n# Contacts","[{\"question\":\"When is a hedge fund or private equity manager required to register with the SEC as an investment adviser?\",\"answer\":\"Registration is required if the adviser has $30 million or more under management and 15 or more clients over the last 12 months. Additional triggers include advising a registered investment company or business development company, or holding out to the public in the United States as an investment adviser.\"},{\"question\":\"How did the Dodd-Frank Act change SEC registration requirements?\",\"answer\":\"The guide notes that the Dodd-Frank Act removed the “private adviser” exemption from SEC registration. Beginning July 21, 2011, additional advisers are required to register based on asset thresholds and client composition, including rules involving advisers’ principal office location and state examination requirements.\"},{\"question\":\"What are the key steps to complete SEC registration?\",\"answer\":\"The guide explains reviewing and completing Form ADV Part 1 and Part 2, paying entitlement and filing fees, completing and filing Form ADV along with notice filings, and obtaining SEC approval. It also covers ongoing SEC registered investment adviser requirements such as compliance infrastructure, policies and procedures, and recordkeeping.\"}]","Guide to SEC Investment Adviser Registration for Hedge Fund and Private Equity Fund Managers | PDF",1790336201,91]