SEC Registration: Where Do We Go From Here?

Buyout firms chilled by the prospect of registering as investment advisers with the SEC got a bit of good news this month. A House subcommittee sent a bill that would repeal the Dodd-Frank requirement to the full House Financial Services Committee for further action. That follows indications by the SEC that it would extend the July 21 deadline for coming into compliance.

Still, the bill is a long way from becoming law. It would need to pass the House, the Senate, and secure a vote from a president unlikely to look kindly on reversing any portion of one of his signature legislative achievements. Here at peHUB, we’re guessing you may have questions about the SEC registration requirement, from the odds of the legislation getting repealed to which investors will be included under its umbrella (late-stage venture firms?) to what you can do in advance.

So, mark your calendars–next Wednesday, May 25, at 11AM, we will have two experts online–Barry P. Schwartz, partner at ACA Compliance Group (pictured) and Elizabeth Shea Fries, partner in Goodwin Procter’s Business Law Department and a member of its Financial Services Group–to answer your questions about SEC registration via a live blog. If you don’t see the program below, just click here to join the Q&A. Meantime, send your questions to