U.S. Congress - S.344 Hedge Fund Transparency Act
S.344 - Hedge Fund Transparency Act
A bill to require hedge funds to register with the Securities and Exchange Commission, and for other purposes. view all titles (2)
All Bill Titles
- Official: A bill to require hedge funds to register with the Securities and Exchange Commission, and for other purposes. as introduced.
- Short: Hedge Fund Transparency Act as introduced.
This Bill currently has no wiki content. If you would like to create a wiki entry for this bill, please Login, and then select the wiki tab to create it.
Bill's Views
- Today: 4
- Past Seven Days: 11
- All-Time: 2,203
|
|
|
|
|
|
|
|
Committees
Official Summary
1/29/2009--Introduced.Hedge Fund Transparency Act - Amends the Investment Company Act of 1940, Securities Act of 1933, the Securities Exchange Act of 1934, and the Internal Revenue Code to convert exceptions to the definition of an investment company into exemptions from mandatory registraOfficial Summary
1/29/2009--Introduced.Hedge Fund Transparency Act - Amends the Investment Company Act of 1940, Securities Act of 1933, the Securities Exchange Act of 1934, and the Internal Revenue Code to convert exceptions to the definition of an investment company into exemptions from mandatory registration as one. Exempts an investment company with assets, or assets under management, of at least $50 million from ordinary registration and filing requirements only if that company:(1) registers with the Securities and Exchange Commission (SEC);
(2) files with the SEC a specified annual electronic information form, made available to the public, concerning ownership structure, investors, primary accountant and broker, and current assets value;
(3) maintains such books and records as the SEC may require; and
(4) cooperates with any request for information or examination by the SEC. Requires any investment company meeting such exemption requirements to establish an anti-money laundering program, according to rules prescribed by the Secretary of the Treasury, and report suspicious transactions. Requires such rules to require exempted investment companies to use risk-based due diligence policies, procedures, and controls reasonably designed to ascertain the identity of, and evaluate, any foreign person that supplies funds, or plans to supply funds, to be invested with the investment company's advice or assistance. Requires such rules also to require exempted investment companies to comply with the same requirements as other financial institutions for producing records requested by a federal regulator, particularly within 120 hours of receiving such a request.
...Read the Rest
Recent News Coverage
Hmmmm, no news coverage found for this bill at this time. This means that this this bill has not yet been mentioned on a publicly-searchable news website by either its official number (for example, "H.R. 3200") or title (for example, "America's Affordable Health Choices Act of 2009"). As soon as that changes, our daily automated search across the Web will catch it and include it here. If this bill is of interest to you, you can write a letter to the editor referring to this bill by name, and if your letter is published on the Web, a link back your letter will appear here within about one day. Or, if you know of a news article about this bill to display here, email us the web address of this page and the web address of your suggested news article: Our editorial team will post relevant links as quickly as possible. Thanks for helping to build public knowledge about Congress.
Recent Blog Coverage
View All (180)
|
View Top Rated
Tao te King.... - PanPagan
Sonnenschein fiel auf die Lichtung herab, als die alte Hexe lachte, klar wie ein Tieflandbach. Terry Pratchett 2005: "Ein Hut voller Sterne", S.344. Holle ist offline. Alt 30.12.2010, 20:18. reginleif. wie wasser ...
Mythical Ireland - Legenden als Berichte von astrologischen ...
Sonnenschein fiel auf die Lichtung herab, als die alte Hexe lachte, klar wie ein Tieflandbach. Terry Pratchett 2005: "Ein Hut voller Sterne", S.344. Holle ist offline. Alt Heute, 11:41. wetterleuchten. TeilzeitGuineaSwiniWis ...
In Gold We Trust | Edelmetalltransfer
F. Lips, a. a. O., S. 344). Gold und Silber haben sich in der Kulturgeschichte der Menschheit als das einzig zuverlässige und sichere Geld und die beste Währung erwiesen: Gold und Silber behalten über Jahrhunderte und Jahrtausende ihren ...
Vote on This Bill
-
Share This Bill
More Share via Email
