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In This Issue:
 
Recent ERISA Amendments 1
Effect of Court Order Voiding SEC Hedge Fund Rule 1
Other Consequences of Ruling: Custody and Past Performance Records 2
New SEC Soft Dollar Interpretation 2
SEC Clarifies Definition of Principal Transaction 2
New SEC Staff Interpretation of Solicitation Rule 3
Recent SEC Inspection Priorities 3
Annual Compliance Review 3
Expanded Disclosure of Hedge Fund Expenses by Registered Funds of Funds
3
Final Deferred Compensation Rules Expected Soon 3
Hart-Scott-Rodino Act Enforcement 4
   
   
 
   
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