On July 28, 2010, the Securities and Exchange Commission
("SEC") amended Part 2 of Form ADV and certain rules under the Investment
Advisers Act of 1940 to require registered investment advisers ("RIAs") to
provide clients with a...
Last year, the Securities and Exchange Commission put a new rule in
place restricting an investment adviser's ability to have custody of its
clients' assets. Given that many private fund managers are going to have to
register as investment...
As a compliance officer for a registered investment
adviser, you need to verify transactions where the account has a " reportable
security " to make sure your employees are not violating your insider
trading policy. That means checking you...