On July 21st, 2010, the President signed into law the Dodd-Frank Wall Street Reform and Consumer Protection Act, which includes in Title IV, the Private
If your firm has never been examined by the Securities and Exchange Commission (“SEC”), your firm may now be shining a little brighter on the
The SEC seems to be initiating a trend and “pre-screening” managers. An April document request letter to a number of Chicago based advisers offers some insight into
As widely reported and commented upon, on April 16, 2010, the Securities and Exchange Commission (“SEC”) brought charges against Goldman, Sachs & Co. (“Goldman Sachs”)
The Securities and Exchange Commission (“Commission”) recently voted to amend Regulation SHO, the short selling rule under the Securities Exchange Act of 1934 (“the Rule”).
Recent comments by various members of the Securities and Exchange Commission (“SEC”), including its Chairman, Mary L. Schapiro, have pointed to a harmonization approach to
Tu·mul·tu·ous (adjective) marked by violent or overwhelming turbulence or upheaval. Imagine for a moment a European bullet train speeding at 250 km/hr along the Washington
2009 was a year of turmoil in the financial markets and the economy in general. With abuses and fraud making headlines and regulators being partly
Successfully managing risk is key to achieving investment success. There are two major risks – Investment & Operational – and it is important that both
Let’s address the semantics. A “compliance review” and an “operational due diligence review” are not necessarily mutually exclusive. How can an operational due diligence engagement
