Assertion: fund's investment adviser | /r/CapableOf | advise private fund
Facets:
Source sentences:
text: I of this Act and has not withdrawn its election; or (B) any investment adviser that is registered with the Commodity Futures Trading Commission as a commodity trading advisor and advises a private fund, provided that, if after the date of enactment of the Private Fund Investment Advisers Registration Act of 2010, the business of the advisor should become predominately the provision of securities-related advice, then such adviser shall register with the Commission.
text: For example, the staff believes that the exemption in Section 203(b)(6)(B) is not available to a CFTC-registered investment adviser who advises a private fund and whose business is not predominately the provision of securities-related advice, if such investment adviser acts as an investment adviser to a Registered Fund or a BDC.
text: The staff also believes that the exemption in Section 203(b)(6)(B) is not available to a CFTC-registered investment adviser who advises a private fund and whose business was (prior to the enactment of the Dodd-Frank Act) and remains predominately the provision of securities-related advice.