Industry Comment

Registration Deadline Extended

Tuesday, June 07, 2011

It is essential that all advisers establish whether they are caught by the registration requirements and which category of exemption they may fall under as the implications are very different. 

If registration is required, it will bring with it reporting obligations and advisers must ensure that they put in place the systems to provide the metrics.  Without comprehensive systems it will be difficult to provide the quarterly data on time.  Currently the reporting deadline is 15 days after the quarter end but this is tough and there are calls for more time.

The detailed rules are now out and Investment Advisers now have until 31 March 2012 to register.

To see what any of the following experts have to say on Dodd-Frank, click on the links below: