Final Rules Exempting “Family Offices” from the Definition of Investment Adviser
SEC Release No. IA-3220
June 22, 2011
Pursuant to Section 409 of the Dodd-Frank Act, the SEC adopted final rules to exempt "family offices" from regulation under the Advisers Act. For further detail on this action, please see the CWT Clients Friends Memo, SEC Adopts Dodd-Frank Act Investment Adviser Rules and Delays Implementation of Some Deadlines (June 27, 2011).
Please contact any of the following Cadwalader attorneys if you have any questions about this item:
Drew Chapman; [email protected]
Dorothy Mehta; [email protected]
Alan Parness; [email protected]
Cross References
SEC Release No. IA-3098 (Proposal)
Advisers Act Rule 202(a)(11)(G)-1
Advisers Act § 202(a)
Dodd-Frank § 409