SEC: More Than 4,000 Registered

Oct 22 2012 | 12:28pm ET

It took some arm-twisting for some, but U.S. alternative investment managers have now registered more than 4,000 vehicles with the Securities and Exchange Commission.

The regulator said Friday that some 4,061 private fund advisers, which include hedge funds and private equity funds, are now registered with the regulator. Hedge funds with more than $100 million in assets are now required to be registered by the Dodd-Frank financial regulation law, but most of the 4,061 didn't wait to be forced: Some 2,557 had voluntarily registered before they had to.

But 1,504 only registered after Dodd-Frank passed last year, including Cerberus Capital Management, Citadel Investment Group, Elliott Management, SAC Capital Advisors and Tudor Investment Corp.

"Prior to the Dodd-Frank Act, regulators only saw a slice of the pie but didn't know how big the pie even was," SEC Chairman Mary Schapiro said. "The law enables regulators to better protect investors by providing a more comprehensive view of who's out there and what they're doing."

The SEC also said that some 2,300 advisers with less than $100 million in assets have moved from federal to state regulation.


In Depth

Q&A: High Conviction, Low Correlation

Oct 30 2014 | 7:35am ET

Acadian Asset Management's numbers are big: over $70 billion in assets under management...

Lifestyle

Ex-Hedgie Steyer Gives $56M To Climate Action Super PAC

Oct 28 2014 | 9:23am ET

Retired Farallon Capital founder Tom Steyer has poured almost $56 million into his...

Guest Contributor

Hedge Funds Weather A Data Management Perfect Storm

Oct 22 2014 | 12:28pm ET

From a regulatory standpoint, nearly every development since the crisis has placed...

 

Videos

Editor's Note

    Guidelines for Guest Articles

    Oct 22 2014 | 9:46am ET

    We are always looking for guest articles from hedge fund managers and buy-side firms.

    If you are interested in submitting a contributed piece for possible publication on FINalternatives, please take a look at the specs. Read more…

 

Futures Magazine

October 2014 Cover

The yield curve and stock market response

Traders form habits quickly. Understanding these and their effects can better equip us to decipher actual market moves.

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.