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.
History of the Los Angeles Lakers. The Los Angeles Lakers franchise has a long and storied history, predating the formation of the National Basketball Association (NBA). Founded in 1947, the Lakers are one of the NBA's most famous and successful franchises.