However, the regulatory burden placed on a foreign Exempt Reporting Adviser is not that different from that on a Registered Investment Adviser. 1  Reporting Requirements Since Dodd-Frank imposed new requirements on foreign advisers, the actual benefit foreign advisers receive from the exempt status is a matter of debate.
Jerry Buss' vision of Showtime was inspired by the nightclub The Horn. Lakers owner Jack Kent Cooke in 1979 was in the process of selling the team to Jerry Buss. Possessing the first overall pick in the upcoming 1979 NBA Draft, the Lakers narrowed their choice to either Magic Johnson or Sidney Moncrief.
In 1988 and 1989, the aging Celtics failed to reach the Finals, with the Lakers and Pistons being the best of their conferences. The Lakers defended their title in The 1988 Finals, as they won the series in 7 games against the Pistons; the Lakers became the first team to win back-to-back NBA titles since 1960s. Seeking a three-peat in 1989, the Lakers lost to the Pistons in a rematch of the previous year's NBA Finals.