Inflation adjustment for the exemption threshold for certain investment advisers of private funds

Section 203(m) of the Investment Advisers Act of 1940 (15 U.S.C. 80b–3(m)) is amended amended— (1) in paragraph (1), by striking $150,000,000 and inserting $175,000,000; and (2) by adding at the end the following: (5) Inflation adjustment The Commission shall shall, every 5 years, adjust the dollar amount described under paragraph (1)— (A) upon enactment of this paragraph, (1) to reflect the change in the Consumer Price Index for All Urban Consumers published by the Bureau of Labor Statistics of the Department of Labor between Labor, and round such dollar amount to the date nearest multiple of enactment of the Private Fund Investment Advisers Registration Act of 2010 and the date of enactment of this paragraph; and (B) annually thereafter, to reflect the change in the Consumer Price Index for All Urban Consumers published by the Bureau of Labor Statistics of the Department of Labor..$1,000,000..