Doug Cornelius on compliance for private equity real estate
These are some of the compliance-related stories that recently caught my attention: Cybersecurity Crackdown in ThinkAdvisor Think that your firm is too small or that your cyberdefenses are too strong to worry about digital attacks on your firm’s—and your clients’—data? The SEC and FINRA don’t think so. A reading of the regulators’ official announcements and … Read more »
Andrew Bowden threw a grenade at the private fund industry three weeks ago when he spoke at PEI’s Private Fund Compliance Forum. He said that the SEC found violations of law or material weaknesses in over 50% of the exams they had conducted of private equity funds when it came to fees and expenses. Mr. … Read more »
These are some of the compliance-related stories that recently caught my attention. SEC Enforcement Director: What Empowered Compliance Looks Like by Jaclyn Jaeger in Compliance Week “Companies that have done well in avoiding significant regulatory issues typically have prioritized legal and compliance issues and developed a strong culture of compliance across their business lines,” said … Read more »
These are some of the compliance-related stories that recently caught my attention. Image of Brick production in Songea, Tanzania is by Egbert SEC Says Dodd-Frank’s Statute of Limitations Doesn’t Apply to It by Ernest Badway in Securities Compliance Sentinel According to the SEC, the Dodd-Frank Act does not require the SEC to bring an enforcement … Read more »
These are some of the compliance-related stories that recently caught my attention. Kara Stein Takes On Mary Jo White in the Corporate Crime Reporter In a 3 to 2 decision last week, Mary Jo White joined the SEC majority and overturned the automatic disqualification of the Royal Bank of Scotland from eligibility as a Well-Known … Read more »
These are some of the compliance-related stories that recently caught my attention. Quantity does not equal quality: Expanding ‘disclosure events’ on BrokerCheck a bad idea: Brokerage industry is only one in which professionals as deemed guilty until proven innocent by S. Lawrence Polk in Investment News Under the current version of Form U4, brokers and … Read more »
Charles Ponzi’s former home up for sale by Erin Ailworth For the first time, the butter-colored stucco house with the slate roof and second-story balustrades, is going on the broader real estate market, available to anyone willing to take a run at the $3.3 million asking price. All previous sales have been private. One of … Read more »
These are some of the compliance-related stories that recently caught my attention. Small Banks Look to Sell as Rules Bite by Michael Rappaport in the Wall Street Journal In a period when low interest rates are squeezing small banks, the costs of adhering to new regulations are taking a toll. Executives from at least a … Read more »
These are some of the compliance-related stories that recently caught my attention. Encouraging Communication of Employee Concerns by Michael Volkov in Corruption, Crime & Compliance One of the hardest issues for compliance professionals is encouraging employees to raise concerns about ethics and compliance issues. It has become even more difficult when the government establishes whistleblower … Read more »
Welcome to Spring. These are some of the recent compliance-related stories that recently caught my attention. Two Thoughts about Dewey LeBoeuf and Parallel Proceedings by David Smyth in Cady Bar the Door In a devastating New York Times story over the weekend, James Stewart zeroed in on that last sentence. Client relations manager? Who? Apparently it wasn’t … Read more »