Bart Mallon Quoted in Wall Street Jornal Regarding Hedge Fund Registration

In an article published in the Wall Street Journal, Bart Mallon of Mallon P.C. was quoted discussing the current and future role of the state securities divisions with respect to hedge funds.

After the implementation of the new SEC registration thresholds under Dodd-Frank, previously SEC registered hedge fund managers will be required to de-register from the SEC and register with the states. Outside of the logistical hurdles involved with this process, the central issue for managers and investors is whether the states have the resources or expertise to deal with an increased workload. This is an especially important question as more and more states like California face budget shortfalls and institute furlough days.

The WSJ article can be found here.