Doug Cornelius on compliance for private equity real estate
Regulators have been trying to figure out what to do with the new currencies coming to the marketplace. Bitcoin was the vanguard, bringing its blockchain technology into the public’s view. The Securities and Exchange Commission has issued a Report of Investigation that provides some insight into when these currencies and their rollouts are going to violate securities … Read more »
The product sounds great: “The Gold Standard to monitor metastic breast cancer. Our Serum-2 test provides a more accurate representation of HER-2 status, facilitating more appropriate treatment strategies.” NanoMolecularDX is “executing a commercialization strategy” for this test and others. In July is closed on $1 million of seed funding. I’m an advocate for cancer research and … Read more »
Here are some of the compliance-related stories that recently caught my attention. Standardizing IRR Calculations and Related Disclosures – The SEC Continues to Focus on Private Equity Practice by Vivek Pingili, Esq. In recent years the SEC has closely examined private equity fund performance and reporting during routine exams. The importance of this topic came … Read more »
Bradway Financial provides traditional investment advice. More than 75% of its clients are individuals that are not classified as high net worth. It’s owner, Brian Kimball Case must have had big dreams and wanted to also invest in private equity and run a private fund. That would require some additional compliance costs that he wanted … Read more »
IA Watch produced an informative webinar on CCO Liability. These are my notes. Carl Ayers (Moderator) Publisher, Regulatory Compliance Watch Brian Moran, Executive director and CCO Sterling Capital Management Joseph McGill, J.D., Chief Compliance Officer Lord, Abbett & Co. Kelley Howes, Counsel Morrison Foerster Heidi Vonderheide of Ulmer & Berne LLP First up was Heidi. Her … Read more »
Professional cycling is not a mainstream sport in the U.S., so I would guess that few reading this story share my love of the Tour de France. (With the notable exception of Tom Fox.) The race has several different competitions going at the same time, with a confusing mix of skinny guys, tarted up with … Read more »
These are some of the compliance-related stories that recently caught my attention. Developments in the Asset Management Industry by Itzhak Ben-David in the HLS Forum on Corporate Governance and Financial Regulation The rising concentration in the asset management industry and the rise of ETFs not only change the way investors invest, but also affect the … Read more »
With Chairman Jay Clayton in place, the Securities and Exchange Commission is now controlled by Republican appointees. Former Chair White came from a litigation and prosecutor background. Chair Clayton comes from a deal-making and capital formation background. I think we can guess the direction of the SEC for the next few years. Beyond the guessing, … Read more »
The case against Fei Yan was a fairly straight-forward insider trading case involving leaky M&A transactions. In this case, the leaks came from a junior corporate associate working on the transactions. We can only guess that she told her husband, Mr. Yan, about her day at work and revealed too much information. While Mr. Yan … Read more »
When this post gets published, I will have hopefully finished a 130 mile training ride across Massachusetts in preparation for the Pan Mass Challenge. I’m leaving my house in the middle of the night to be in Becket, MA by noon for parents’ weekend at my son’s summer camp. There is still time to support … Read more »