Presence Exams – Compliance Building

Valuations and the New Presence Exams

Doug Cornelius December 18, 2012December 18, 2012 Examinations and Audits [+]

I’ve come across a new document request list for a presence exam from the SEC’s Atlanta Regional Office. The exam period for the letter begins March 31, 2012 – the Dodd-Frank deadline for new advisers to register with the SEC. The SEC has said presence exams will target new advisers or those that manage private … Read more »

New Document Request List for Presence Exams

Doug Cornelius December 10, 2012December 18, 2012 Examinations and Audits 1

We’ve had the first siting of the new document request letter for the new presence exams. IA Watch has obtained a copy of the letter issued from the Atlanta Regional Office. This letter sets the exam period to start on March 30, 2012. That addresses some concerns that the SEC would look at period prior … Read more »

The New SEC Presence Exams

Doug Cornelius October 10, 2012December 18, 2012 Examinations and Audits 4

The Securities and Exchange Commission has started it Presence Exams process. I have copies of letters from the New York Regional Office and the Boston Regional Office. The Presence Exams is part of an initiative to conduct “focused, risk-based examinations of investment advisers to private funds that recently registered with the commission.” The SEC has … Read more »