3(c)(7) Exemption
The 3(c)(7) exemption allows certain private funds owned by qualified purchasers to avoid investment company registration.
Investing terms for fund registration, investment-company regulation, AIF rules, UCITS, RICs, and private-fund exemptions.
Fund Regulation, Registration, and Exemptions terms describe fund structures, pooled vehicles, registration status, regulatory exemptions, investment-company forms, and cross-border wrappers.
Use this branch when legal form, registration, exemption, trust structure, or pooled-vehicle design changes investor rights, liquidity, reporting, or tax treatment.
| Term | Use it for |
|---|---|
| 3(c)(7) Exemption | A fund structure, regulation, pooled-vehicle, or investment-company term. |
| AIFM Directive | A fund structure, regulation, pooled-vehicle, or investment-company term. |
| Alternative Investment Fund (AIF) | A fund structure, regulation, pooled-vehicle, or investment-company term. |
| Investment Company Act of 1940 | A fund structure, regulation, pooled-vehicle, or investment-company term. |
| Registered Investment Company | A fund structure, regulation, pooled-vehicle, or investment-company term. |
| Regulated Investment Company (RIC) | A fund structure, regulation, pooled-vehicle, or investment-company term. |
| UCITS | A fund structure, regulation, pooled-vehicle, or investment-company term. |
Check registration status, governing law, exemption, eligible investor rules, redemption rights, custody, reporting obligations, tax classification, and whether the wrapper changes legal protections.
This page is educational and does not recommend a specific fund, security, tax treatment, or account choice.
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The 3(c)(7) exemption allows certain private funds owned by qualified purchasers to avoid investment company registration.
The AIFM Directive is the European regulatory framework for managers of alternative investment funds.
An alternative investment fund pools capital for nontraditional strategies such as private equity, hedge funds, real assets, or credit.
Core U.S. fund-regulation statute governing registered investment companies, disclosure, governance, and investor protections.
Pooled investment vehicle registered with the SEC and governed by the Investment Company Act of 1940.
U.S. tax classification for certain pooled investment vehicles that pass income through to shareholders if they meet distribution and qualification rules.
UCITS are European regulated investment funds designed for retail distribution under diversification, liquidity, and investor-protection rules.