Lawyers with regulatory and Dodd-Frank Act expertise are being wooed by private equity firms and hedge funds in need of in-house compliance teams. The demand, which recruiters expect to persist for at least another year, is due to the increase in regulations and a culture shift in how, and when, to undertake compliance measures, says one CCO.
December 28, 2012 at 05:48 PM
1 minute read
The original version of this story was published on Law.Com
Lawyers with Dodd-Frank Act and regulatory expertise are being wooed by private equity firms and hedge funds in need of an in-house compliance team.
The Dodd-Frank Wall Street Reform and Consumer Protection Act, passed in 2010, requires private equity and hedge funds to register with the Securities and Exchange Commission if they have at least $150 million in assets under management.
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