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Rajib Chanda Quoted in HFM Compliance on “Knowledgeable Employees” Definition
02.03.20
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Corporate Partner Rajib Chanda was quoted in an article for HFM Compliance titled, “Accepting More Knowledgeable Employee Investments.” The article discussed proposed updates to the accredited investor standard including changes to the definition of "knowledgeable employees.” When discussing the potential impact that the SEC’s proposal to align the accredited investor and knowledgeable employee standards could have on hedge funds, Rajib said, “for smaller hedge funds it could slightly expand the group of people who can invest. But I do not think this will be a huge fundraising opportunity.”
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