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January 30, 2019  

Political Divide Portends Impasse on Rule-Making

Brexit — U.K.If the U.K. leaves the European Union without some kind of trade agreement in place — a “no-deal” Brexit — fund operators in London that currently run money for investors on the Continent could find themselves in violation of the E.U.’s Alternative Investment Fund Management Directive.Under AIFMD, fund operators in one E.U. member nation generally can raise capital and run money for investors in...

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