Securities and Exchange Commission: Registration Under the Advisers Act of Certain Hedge Fund Advisers
GAO-05-222R: Dec 20, 2004
- Full Report:
GAO reviewed the Securities and Exchange Commission's (Commission) new rule on registration under the advisers act of certain hedge fund advisers. GAO found that (1) the final rule would require advisers to certain private investment pools ("hedge funds") to register with the Commission under the Advisers Act; and (2) the Commission complied with applicable requirements in promulgating the rule.