The Volcker Rule adopted after a 3-year wait
The Volcker rule was adopted on Tuesday, December 10, 2013 by five regulatory agencies including the Securities and Exchange Commission (the “SEC”). The original proposal was
The Importance of Effective Compliance Programs in Preventing Enforcement Actions
Stephen L. Cohen, the Securities and Exchange Commission’s (“SEC”) Associate Director of Enforcement, spoke recently at the Society of Corporate Compliance and Ethics’ Annual Conference.
Compliance Policies & Procedures Webinar
When: Pre-recorded webinar – Nov 19th, 2013 Where: On-site Compliance Policies & Procedures: Samples and Tips to Establish and Maintain a Manageable Process It’s one
Hot Topics in National Futures Association Audits
As a result of the rescission of Rule 4.13(a)(4) for commodity pool operators (CPOs) advising funds offered to qualified eligible persons and the narrowing of
Why We Don’t See the SEC’s New Rules Implementing the Jobs Act Altering the Way Hedge Funds Market in the Short Run
On September 23, 2013, SEC regulations adopted on July 10, 2013 to implement Section 201(a) of the JOBS Act will be effective. We are not
GAIM Ops International 2013
When: November 12-14th, 2013 Where: Crowne Plaza Paris République, Paris Linda Smith, Managing Director of SEC3, will speak on AIFMD issues related to marketing of
6th Annual Sub-Advised Funds Compliance Forum
When: October 15th and 16th, 2013 Where: The Princeton Club, New York, NY Janaya Moscony, President of SEC Compliance Consultants, Inc, will moderate a panel
Weeding out the Bad Actors
On the infamous day in July when the SEC loosened the reins on general solicitation and proposed related new rules and rule amendments, the SEC
SEC and European Regulators Establish Supervisory Cooperation Arrangements
On July 19th, the SEC announced the establishment of supervisory cooperation arrangements (memoranda of understanding) with European regulators related to the asset management industry. While
The SEC lifts the ban on General Solicitation
The Securities and Exchange Commission (“SEC”) voted yesterday to eliminate the ban on general solicitation and advertising for offerings conducted under Rule 506 of Regulation
Latest cease and desist order – Northern Lights and Gemini
The Securities and Exchange Commission (“SEC”) issued a cease-and-desist order against Northern Lights Compliance Services, LLC (“Northern Lights”), Gemini Fund Services, LLC (“Gemini”) and the
First Filing of Form NFA-PQR for CPOs and Form NFA-PR for CTAs
Quarterly Form NFA-PQR for registered CPOs The first Form NFA-PQR for newly-registered CPOs whose registration became effective on January 1, 2013 is due sixty days
