The document discusses the legal and regulatory risks associated with the Access Fund and the Underlying Fund, particularly in light of the Dodd-Frank Act. It highlights the potential for increased regulatory scrutiny and the impact of new regulations on private investment funds, including additional reporting requirements and market structure changes for derivatives. The document also outlines the potential administrative burdens and costs that may arise from these regulatory changes.
documents/vol00010-efta01364712-pdf.pdf
{"document_type":"legal","document_subtype":"regulatory compliance","key_organizations":["Southern Financial LLC","Glendower GP","Access Fund","Underlying Fund","General Partner","Investment Manager","SEC","CFTC"],"reference_numbers":["DB-SDNY-0055260","SDNY_GM_00201444","EFTA01364712"]}