October 03, 2006

Double Enrolment bumped off for the non-US fund managers!

Are you a non-US Hedge Fund Manager? Being one, do you get involved in US hedge funds’ transactions? If ‘yes’ here is a piece of good news for you.

If you are a hedge fund manager covered by the stringent laws of countries like UK, France, then you should be very happy to know that SEC has temporarily taken out the current mandatory requirement of having yourself registered in USA. Following this, AMIA reiterates the persistent withdrawal of double registration for the non-US fund managers and has bespoken the bumping off this existing mandatory requirement from the US market.

AMIA has got plans to coordinate with Asian Regulatory authorities for managers governed by the laws of Australian and Hon-Kong domain.

Click here to know more on the SEC regulations for the non-US fund managers across the globe.

Read more on ‘US Regulations on Hedge Funds’ here.

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