Kit Addleman Finds Silver Lining in Dodd-Frank Proposals


SEC's Dodd-Frank Proposals Not as Scary as They Could Have Been 

Think back two years to when the market crisis provoked fear, helped to swing a national election and drew predictions of coming massive financial regulatory reforms. Now ponder the two new proposed rules released last month by the SEC that represent the bulk of how Dodd-Frank will affect most investment advisers. Are they as bad as you may have anticipated two years ago?

Whatever may come from the proposal expanding Form ADV disclosures and the second one defining venture capital funds is "not as draconian as it could have been," opines Katherine Addleman, a partner with Haynes and Boone in Dallas. 

The two proposed rules appear in the Dec. 10th issue of the Federal Register, starting the clock on the SEC's acceptance of industry comments until Jan. 24th. 

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