Pepper Hamilton partner Gregory J. Nowak was quoted in Ignites on August 1, 2013 in the article, "Mass. Prepares for ‘Trouble’ from Hedge Fund Ad Rule." (A subscription is required to view this article.)
Gregory Nowak, partner at Pepper Hamilton, says it is too early to gauge whether other states will follow Massachusetts’ lead, as the rule does not take effect until Sept. 23. After that date, if investors complain of fraud, “I think you will see swift reaction from the SEC and state regulators,” he says.