Private Fund Investment Advisers Registration Act of 2009

[AI summary unavailable — showing source text] Private Fund Investment Advisers Registration Act of 2009 - Amends the Investment Advisers Act of 1940 to apply registration requirements to a private fund investment adviser. Subjects to SEC recordkeeping requirements any registered investment adviser who advises private funds. Authorizes the SEC to make such records, especially those relating to systemic risk, available to the Board of Governors of the Federal Reserve System and any other entity that has systemic risk responsibility. Exempts venture capital fund advisers from the registration requirements of this Act. Directs the SEC to require such advisers, however, to maintain records and make annual reports to the SEC. Modifies SEC rulemaking authority. Instructs the SEC and the Commodity Futures Trading Commission (CFTC) to promulgate rules jointly for the mandatory reports filed by certain registered investment advisers.…