IMS breakfast seminar - 'SEC Private Fund Registration: What to do next?'

IMS invites you to a breakfast seminar 'SEC Private Fund Registration: What to do next?' on 14th July 2011. An SEC open meeting on the 22nd June 2011 is expected to decide on the final implementation rules and timetable. IMS’ breakfast seminar will explain the outcomes of the open meeting, the key developments in the registration requirements for non US fund managers, and set out a pathway for firms to come into compliance by the new SEC deadline. The seminar will be led by IMS' Director of Project Consulting and SEC implementation manager, Jon Wilson and IMS' Head of US office, Micah Taylor.

The SEC’s implementation of the Dodd-Frank Act’s requirement for private fund manager registration has led to confusion, consternation and contemplation around the need to register, the scope of the SEC’s requirements and the timing of the deadline for SEC Registration. Faced with logistical and technical challenges in meeting the statutory deadline, the SEC has mooted an implementation delay and an extension of the deadline for firms to come into compliance to Quarter 1 2012. This seminar continues our programme assisting investment managers achieve SEC registration and compliance by the required deadline, or to understand the reporting exemptions available to them.

IMS' breakfast seminar 'SEC Private Fund Registration: What to do next?' will be held at:

The Westbury Hotel, Mayfair on the 14th July 2011

The following topics will be covered:

Dodd-Frank and the scope of the SEC’s registration requirements

• Outcome of the SEC open meeting
• What firms are impacted

The process for obtaining SEC registration

• The steps a firm must take to become SEC compliant and obtain registration
• A timeline for successfully achieving the new registration deadline
• How IMS can help

Living with two masters

• What it means to registered with the SEC and FSA
• Key implications for firms
• Avoiding duplication and maintaining consistency of regulation

For more details on the seminar click here. To register for the event please contact Nicole Ratinon on 020 7408 2448

If you would like to speak to one of our consultants about SEC Registration, please contact Jon Wilson on 020 7408 2448

About The Dodd-Frank Act

The Dodd-Frank Wall Street Reform and Consumer Protection Act has repercussions for large numbers of financial services firms, including many already authorised and regulated by bodies in their own jurisdiction. Most significantly, the Act removes key exemptions from SEC registration. Non-US investment advisers with more than 14 US clients and US investors in private funds, or that manage US$25m or more of assets attributable to US clients and US investors in private funds, may now need to register with the SEC or determine whether they fall within a reporting exemption.