Two U.S. Senate Aides Nominated to be SEC Commissioners - http://t.co/00nY6bR3Ts May 24, 2013

Archive

Compliance

Board Approval Requirement for Identity Theft Programs Clarified

April 19, 2013

When issuing new joint identity theft rules earlier this month, the CFTC and SEC clarified that a fund board does not have to reapprove its current identity theft program if it meets the requirements of the new rules. Most funds already have identity theft programs… read more

E&Y’s Primer on FACTA and the IM Industry

August 09, 2011

Ersnt & Young LLP has published a useful document outlining the effects of the Foreign Account Tax Compliance Act (FATCA), which became law as part of the Hiring Incentives to Restore Employment (HIRE) Act on 18 March 2010 (P.L. 111-147).  FACTA imposes new withholding and information… read more

20 Questions About Board Compliance Committees

June 13, 2011

Corporate Compliance Insights, an online knowledge sharing forum intended to encourage interaction amongst members of the corporate compliance community, has published a short piece outlining some questions boards should ask themselves about their compliance committees. According to the article: The questions are not intended… read more

Foley & Lardner: Whistleblower Action Items for Advisers and Funds

June 09, 2011

Reacting to the SEC's recent adoption of whistleblower rules, the Foley & Lardner law firm has published a short list of recommended action items for funds and investment advisers to deal effectively with the new rules.  As part of their oversight duties with… read more

Law Firms Examine the SEC’s New Whistleblower Rules

June 06, 2011

On May 25, 2011, the Securities and Exchange Commission adopted rules to create a whistleblower program that rewards individuals who provide the agency with high-quality tips that lead to successful enforcement actions.  In short, the new rules provide that a whistleblower who voluntarily provides the… read more