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7 Hastings Bus. L.J. [i] (2011)

handle is hein.journals/hbuslj7 and id is 1 raw text is: HASTINGS BUSINESS LAW JOURNAL
VOL.7                    WINTER 2011                    No. 1
Table of Contents
COMMENT
CAN THE RICH FEND FOR THEMSELVES?: INCONSISTENT
TREATMENT OF WEALTHY INVESTORS UNDER THE
PRIVATE FUND INVESTMENT ADVISERS REGISTRATION
ACT OF 2010
Vijay Sekhon..................                .....1
In this comment, the author analyzes the inconsistent
regulation of wealthy investors under the federal
securities laws in light of the passage of the Private Fund
Investment Advisers Registration Act of 2010. After
summarizing the exemptions in the federal securities laws
for wealthy investors and providing an overview of
private equity and hedge funds, the author summarizes
the regulation of private equity and hedge funds under the
Private Fund Registration Act of 2010 and analyzes this
regulation in light of the exemptions in the federal
securities laws for wealthy investors.  The author
concludes with policy recommendations to eliminate the
inconsistent regulation of wealthy investors under the
federal securities laws.

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