Out Of State Regulations:
GA. Code Ann. §10-5-3(b)(2): "Any investment adviser… who during the course of the preceding 12 months has had fewer than six clients in this state" is not subject to the subsection which requires registration.
In State Regulations:
A hedge fund might qualify for an exemption, depending on the kind of business they are involved in. Examiner suggested requesting a no-action letter.
Comments on this regulation:
Exemption based on an exemption to the registration requirements. Still may be subject to other rules applying to investment advisers. See also Ga. Comp. R. & Regs. 90-4-8.12 for definition of "Client" of an investment adviser. Note: There is a performance-based compensation prohibition, the exemptions are outlined at Ga. Comp. R. & Regs. 590-4-8.13 Performance Based Compensation Exemption. Georgia Securities and Business Regulation
State Regulations Website:
Click to view
Hedge Fund News from Georgia:
Ex-Morgan Stanley Exec. Launches Georgia Hedge Fund Advisory Company
Hedge fund and alternative investment advisory company, Tru/Alpha Capital Advisors (TACA), is being launched to specialize in international alternative markets, advising institutional and corporate clients, as well as high-net worth individuals.
Based in Midtown Atlanta, Georgia, TACA is headed by Harvard-graduate and past Morgan Stanley executive Monty Bruell. Mixing its full-scale advisory expertise and network of reputable partners, TACA’s team brings years of experience, credentials and proven performance in the alternative and International investment marketplace.
The company is one of few African-American owned wealth and asset management companies in the southeast.
GA. Code Ann. §10-5-3(b)(2): "Any investment adviser… who during the course of the preceding 12 months has had fewer than six clients in this state" is not subject to the subsection which requires registration.
In State Regulations:
A hedge fund might qualify for an exemption, depending on the kind of business they are involved in. Examiner suggested requesting a no-action letter.
Comments on this regulation:
Exemption based on an exemption to the registration requirements. Still may be subject to other rules applying to investment advisers. See also Ga. Comp. R. & Regs. 90-4-8.12 for definition of "Client" of an investment adviser. Note: There is a performance-based compensation prohibition, the exemptions are outlined at Ga. Comp. R. & Regs. 590-4-8.13 Performance Based Compensation Exemption. Georgia Securities and Business Regulation
State Regulations Website:
Click to view
Hedge Fund News from Georgia:
Ex-Morgan Stanley Exec. Launches Georgia Hedge Fund Advisory Company
Hedge fund and alternative investment advisory company, Tru/Alpha Capital Advisors (TACA), is being launched to specialize in international alternative markets, advising institutional and corporate clients, as well as high-net worth individuals.
Based in Midtown Atlanta, Georgia, TACA is headed by Harvard-graduate and past Morgan Stanley executive Monty Bruell. Mixing its full-scale advisory expertise and network of reputable partners, TACA’s team brings years of experience, credentials and proven performance in the alternative and International investment marketplace.
The company is one of few African-American owned wealth and asset management companies in the southeast.
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