Wednesday, December 21, 2011

California Proposes Private Fund Adviser Exemption

Interested persons may, in writing, comment on the California Department of Corporations' proposed private fund adviser exemption until 5 pm on February 20, 2012. Send comments by regular mail to Department of Corporations, Attn: Karen Fong, Office of Legislation and Policy, 1515 K. Street, Suite 200, Sacramento, CA 95814, and by electronic mail to Private fund advisers are exempt from investment adviser registration if they satisfy specified requirements.

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