I’m trying out a new compliance conference this fall: the NRS 29th Annual Fall Investment Adviser & Broker-Dealer Compliance Conference. I have to admit that I’m attending mostly because they asked me to speak. My session is on Issues on Private Fund Management on Day Two. One of the challenges of staying up-to-date on compliance … Read more »
Tag: IACCP
Investment Adviser Certified Compliance Professional
Just tooting my own horn today. I finally fulfilled the requirement to become an Investment Adviser Certified Compliance Professional®. With the SEC’s registration requirement for private fund managers, I took a closer look at what the SEC requires for compliance professionals. Rule 206(4)-7 imposes no particular requirements on a chief compliance officer. The SEC release … Read more »
Pay to Play and Cash Solicitations
The Securities and Exchange Commission extended the date by which registered investment advisers must comply with the ban on third-party solicitation in Rule 206(4)-5 under the Investment Advisers Act. The SEC is extending the compliance date in order to ensure an orderly transition. Since solicitors will need to registered as an investment adviser or a … Read more »
Professional Certifications for Compliance
Do you need a certification to be compliance professional? “Need” is not the right answer. Compliance is still a diverse and complex field, where the needs can differ remarkably from firm to firm. I’m a bit skeptical that a generic certificate program is likely to help me much with my job or professional development. Whatever … Read more »