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          <title>WashingtonWatch.com - Revisions for H.R. 711, The Hedge Fund Adviser Registration Act of 2009</title>
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<title>Revision by webmaster (March 20, 2009, 19:32:49)</title>
<link>http://www.washingtonwatch.com/bills/history/111_HR_711.html?rev=42469</link>
<description>&lt;p&gt;H.R. 711 would amend the Investment Advisers Act of 1940 to remove the registration exception for certain investment advisors with less than 15 clients.&lt;/p&gt;


&lt;h2 id=&quot;toc0&quot;&gt; Detailed Summary &lt;/h2&gt;
&lt;p&gt;Hedge Fund Adviser Registration Act of 2009 - Amends the Investment Advisers Act of 1940 to repeal the exception to the registration requirement for any investment adviser who: (1) during the preceding twelve months has had fewer than 15 clients; and (2) neither holds himself or herself out generally to the public as an investment adviser, nor acts an an investment adviser to any registered investment company or any business development company. (Thus requires such private investment advisers to register with the Securities and Exchange Commission [SEC].)&lt;/p&gt;


&lt;!--Leave in the 'summary' tags if you want the latest summary from the Congressional Research Service automatically to replace the text between the tags once it becomes available. --&gt;

&lt;h2 id=&quot;toc1&quot;&gt; Status of the Legislation &lt;/h2&gt;
&lt;p&gt;Latest Major Action: 1/27/2009: Referred to House committee. Status: Referred to the House Committee on Financial Services.&lt;/p&gt;


&lt;!-- Leave in the 'status' tags if you want the latest reported status from THOMAS automatically to replace the text between the tags once it becomes available. --&gt;

&lt;h2 id=&quot;toc2&quot;&gt; Points in Favor &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;


&lt;h2 id=&quot;toc3&quot;&gt; Points Against &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should not pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;

</description>
<guid isPermaLink="false">42469@http://www.washingtonwatch.com</guid>
<pubDate>Fri, 20 Mar 2009 18:32:49 EDT</pubDate>
</item>
<item>
<title>Revision by webmaster (January 28, 2009, 07:30:10)</title>
<link>http://www.washingtonwatch.com/bills/history/111_HR_711.html?rev=37754</link>
<description>&lt;p&gt;H.R. 711 would amend the Investment Advisers Act of 1940 to remove the registration exception for certain investment advisors with less than 15 clients.&lt;/p&gt;


&lt;h2 id=&quot;toc4&quot;&gt; Detailed Summary &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to provide a detailed summary of the bill!)&lt;/p&gt;


&lt;!--Leave in the 'summary' tags if you want the latest summary from the Congressional Research Service automatically to replace the text between the tags once it becomes available. --&gt;

&lt;h2 id=&quot;toc5&quot;&gt; Status of the Legislation &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to update the status of the bill!)&lt;/p&gt;


&lt;!-- Leave in the 'status' tags if you want the latest reported status from THOMAS automatically to replace the text between the tags once it becomes available. --&gt;

&lt;h2 id=&quot;toc6&quot;&gt; Points in Favor &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;


&lt;h2 id=&quot;toc7&quot;&gt; Points Against &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should not pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;

</description>
<guid isPermaLink="false">37754@http://www.washingtonwatch.com</guid>
<pubDate>Wed, 28 Jan 2009 06:30:10 EST</pubDate>
</item>
<item>
<title>Revision by webmaster (January 28, 2009, 07:30:10)</title>
<link>http://www.washingtonwatch.com/bills/history/111_HR_711.html?rev=37755</link>
<description>&lt;p&gt;H.R. 711 would amend the Investment Advisers Act of 1940 to remove the registration exception for certain investment advisors with less than 15 clients.&lt;/p&gt;


&lt;h2 id=&quot;toc8&quot;&gt; Detailed Summary &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to provide a detailed summary of the bill!)&lt;/p&gt;


&lt;!--Leave in the 'summary' tags if you want the latest summary from the Congressional Research Service automatically to replace the text between the tags once it becomes available. --&gt;

&lt;h2 id=&quot;toc9&quot;&gt; Status of the Legislation &lt;/h2&gt;
&lt;p&gt;Latest Major Action: 1/27/2009: Referred to House committee. Status: Referred to the House Committee on Financial Services.&lt;/p&gt;


&lt;!-- Leave in the 'status' tags if you want the latest reported status from THOMAS automatically to replace the text between the tags once it becomes available. --&gt;

&lt;h2 id=&quot;toc10&quot;&gt; Points in Favor &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;


&lt;h2 id=&quot;toc11&quot;&gt; Points Against &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should not pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;

</description>
<guid isPermaLink="false">37755@http://www.washingtonwatch.com</guid>
<pubDate>Wed, 28 Jan 2009 06:30:10 EST</pubDate>
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