U.S. Regulation for Asset Managers Outside the United States

-Sets out US regulation of investment advisers, including compliance and record keeping requirements -Explains investment adviser advertising -Details SEC inspections and enforcement procedures -Goes through sharing resources among registered and unregistered affiliates and participating affiliate arrangements -Takes account of developments regarding hedge fund adviser registration -Reflects the impact of investment company regulation on investment advisers to US regulated funds -Assesses US regulations affecting investment advisers to Employee Benefit Plan (ERISA) clients -Covers US reporting requirements for asset managers, their regulation by the Commodity Futures Trading Commission and the conducting of broker-dealer activities in the United States -Examines the marketing non-US investment products to US investors -Includes state regulation of non-US investment advisers and portfolio managers -Looks at the application of US economic and trade sanctions to asset managers outside of the United States -Describes US tax considerations in marketing non-US investment products to US investors