Alert March 29, 2011

Goodwin Procter Issues Client Alert on California’s Request for Comment on Proposal to Change Its Investment Adviser Registration Requirements

Goodwin Procter issued a Client Alert that discusses the California Department of Corporation’s invitation for comment on a proposal that would amend the existing rules governing certain exemptions from California’s investment adviser licensing requirements to address changes to the federal statutory and regulatory scheme regulating the registration of and exemption of investment advisers under the Investment Advisers Act of 1940 as a result of the Dodd-Frank Act.