Finance and Financial SectorBank accounts, deposits, capitalBanking and financial institutions regulationFinancial services and investmentsInflation and pricesLicensing and registrations
Why This Matters
This bill updates the rules for investment advisers by raising the limit for exemption from registration and adjusting it for inflation. This change helps smaller advisers operate more easily and encourages investment in private funds.
If you work with a small investment adviser, they may face fewer registration hurdles and be able to serve you better.
Who this affects
Smaller investment advisers · Private fund managers
What changes is this bill making?
1This bill raises the registration exemption limit for certain investment advisers from $150 million to $175 million.
2It adjusts this limit every five years based on inflation changes.
3The updates reflect the cost of living as measured by the Consumer Price Index.
